AJX 0.00% 0.8¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-259

  1. 34,916 Posts.
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    So far most of alexiums forcasts have been somewhat accurate

    The forecasts have been somewhat accurate imo because they announce revenues that they have already contractually signed off on. So the only way that these revenues are not going to end up in the bank is for bad debt and delays or the agreed end product not satisfying the needs as contracted. Since the company just announced they are on target and as yet there doesn't seem to have been any current clients who's requirements have not been satisfied there doesn't seem to be great reason to not see the forecast revenue.

    In fact the trend seems to be of clients increasing their initial orders rather than the reverse, at least based on previous announcements. In the end of course, revenues will be the proof of the pudding, and what many more conservative investors will wait for before sticking their toe in.
 
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