And here was me hoping that the new chairman might deliver better reporting on how the company is progressing - alas NOT.
Appears to be same old same old. Surely to Christ there is something they can report that has been a success? What about all the "exciting" opportunities reported at the last AGM?....or where these just plucked out of the proverbial to make a good AGM story
I suspect we will see a list of excuses in March for initiatives they just can't seem to finish
Totally impossible to guess the future on this one. We have a confirmed EBIDTA of $ 2.26M for the 9 months. I'm guessing we'll end up with an EBIDTA of around $ 3.5M for the year.
Last year we had $ 3.75M and a $ 1.1M NPAT.
Who knows what NPAT or EPS we are on this year but my absolute guesstimate is probably still only at something like 1.5c EPS. No good.
But we have now had 3 quarters of good sales and decent EBIDTA, even though they say the EBIDTA in Q3 is down from Q2. But we seem to be steadying up on quarterly sales of around $ 7.5 -8.5M and EBIDTA of $ 1.5-1.9M.
That is a good steadying of the business past COVID. I am pleased with that as I am sure much of the SH that stuck with the company are. Now I want to see what the plan is to grow the business with a quick & significant boost to the bottom line.
I can't wait to see Rolleston starting to produce good volumes because I think it will be a game changer !
EPS of 4.5C minimum for FY2026 and growing fast.
Talk about pulling numbers out of a hat :-) :-)
Where is the half yearly update with financials , in Dec 2023 there was an update why not now .
Where is the half yearly update with financials , in Dec 2023 there was an update why not now .
Totally hopeless. They seem to have lost alll interest in providing us with any useful information. I hope this lack of interest isn't across the whole business !
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