Glass half full vs Glass half empty, page-86

  1. 704 Posts.
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    Can we at least get some of the basics correct in this thread so as to not spread mistruths. Retention rate for GSW Enterprise Clients is 90% with all clients who have dropped off been announced by the company. Of all Enterprise Clients signed up so far, 50% have reached revenue phase. The remaining Enterprise clients are integrating the platform into their systems. Some, like NA Williams, will take up to 18 months to be fully integrated.[/QUOTE]

    No 403, if we are getting basics right lets get them right... See here is the magic with GSW announcements and the thing I find truly remarkable given the issues of the last weeks and supposed involvement of external professionals.

    "Of all Enterprise Clients signed up so far, 50% have reached revenue phase." No... "almost 50%" - no quantification how far short, just "almost".

    "all clients who have dropped off been announced by the company" No... "The majority" continue to progress... another undefined directional comment.

    Further, is there clarity on what the "almost 50%", 90% and "majority" actually mean? By number of customers? By expected revenues? Deliveries? Transactions? or other? Surely the difference here is crucial? It staggers me that given multiple ASX queries AND the involvement of PWC this still isn't clear.

    I have no dog in the fight (at this stage) I'm an interested observer. But to me the above like, the response to the ASX re CBA and "GSW has no reason to believe that CBA will not use the platform" sit somewhere between disrespect for the regulator and contempt for shareholders, neither of which are positive...
 
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