Very interesting "unofficial profit guidance" given by Nick in his letter to shareholders I received yesterday. To quote " In early October the financial and sales teams prepared detailed projections of the outlook for the current financial year. These projections indicated that this year would return significantly greater profit ". Must say I was astonished reading this given Nick is no longer CEO, director or employee of the company. I guess he has shared the information will all shareholders. Anyway, all laid out in writing for everyone to see...significantly greater profit for 2013. I'm presuming management will follow up with an official profit guidance release by the company in due course.
letter from former ceo nick martin
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