https://usx.co.nz/uploads/paperclip/...pdf?1605468858
Still some way to go.
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https://usx.co.nz/uploads/paperclip/...pdf?1605468858
Still some way to go.
Not again..
Revenue down, but each of the three expense classes all have markedly increased over the preceding Dec half (p6)
and outside the C-19 lockdown periods as well
Looks like they haven't got a very good handle on costs in relation to product going through IMO ;)
Now in times of considerable extra liquidity & Ca$h in the system in latest Dec 2020 period
has something further gone badly awry in the majority owned LP ?
Should be no shortage of Consumer bucks out there
Or a squeeze coming from one or both of these -
'The Group receives Trading Income from two customers who account for 97% of total Segment Revenue.'
Perhaps the reciprients of the following 9% jobs should agree to forgo any payments or refund what they have received:
"Dividends Paid on Perpetual Preference Shares"
What income is coming off these - as cant see any being reported:
"Investment in Equipment, Leasing & Finance Holdings Limited Ordinary Shares
Investment in Equipment, Leasing & Finance Holdings Limited Preference Shares"
Let's see now - basically Family controlled - evidence of White Elephants remains on the books
not generating .. ;)
What is operating, doesn't seem to be very well even under partial minority ownership, while the
9% Preference holders continue to suck the coffers dry .. and Board continues smiling sweetly
dreaming on while this persists .. ;)
Not difficult to see why Active were on the Share Register sniffing around in the past, before giving up .. ;)