Australia's largest stock trading and investment forum Australia's #1 stock forum

SCT

Click for more information

0.00%

0.7¢ scout security limited

Ann: Appendix 4C - Quarterly Cashflow with commentary, page-15

First 15 Last

Share
Profile

Follow
stocking

5,773 Posts.

241

03/02/19

20:31

Post #: 37315619
Share

Originally posted by Brett M H ↑

Yes, I certainly didn't take into account the $408K one time prepayment when looking at their September 2018 4C (as it clearly wasn't even mentioned when management was spruiking the 60% growth).

There is no doubt that they are increasing revenues, and it should start to ramp up quickly through the next few quarters - but I don't like the lack of transparency about the one off prepayment in the September 4C (and yet they were quick to exclude it in the December 2018 4C).

IMO, management can't have it both ways.

Still think that SCT will do really well from these SP levels going forward, but that's one black mark in my book (as clearly we make investment decisions based on the information and numbers within the 4C's).

Expand

I've been sitting on the sidelines for a while... my question is why should revenues start to ramp up quickly over the next few quarters? There is loads of competition.. Blink, Ring just a couple that have the same capability and frankly substantially more customer feedback / reviews. I am not trying to be a naysayer, but I can't find the point of difference and why they'll succeed?

SCT Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

There are more pages in this discussion • 1 more message in this thread...

First 15 Last

Add SCT (ASX) to my watchlist

SPONSORED BY