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

SYT

Click for more information

0.00%

0.1¢ syntonic limited

Ann: Quarterly Activities and Cashflow Report, page-58

First 58 Last

Share
Profile

Follow
Jimjamzzz

2,026 Posts.

174

01/05/19

18:49

Post #: 38359948
Share

Originally posted by Awoonga ↑

After some reflection, one can see that the previous quarter (Q2) jump in revenue of 80% was probably out of the ordinary for this point in time.

A 40% jump would have meant that the last two quarter revenue increases (Q2 & Q3) would have both been a consistent 40% each and we wouldn't have seen the small fall this quarter. Same applies to customer receipts.

At this very early stage in development one can expect quarterly results to vary wildly. Quite simply 3 months is not long enough to get an accurate gauge as to progress.

I'm still not happy that SYT got the cost forecast so wrong. But one quarter is not enough to condemn the management on this point alone.

In summary, I'm still happy to trust management and hold in anticipation of a turn-around in Q4.

Expand

"After some reflection, one can see that the previous quarter (Q2) jump in revenue of 80% was probably out of the ordinary for this point in time."

Can we all come back to reality now and stop pretending the magical revenue jump was anything other than on boarding a loss leading Zenivia?

Not really sure if your just being willfully ignorant at this stage.

SYT Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RXL

Diamond drilling hits gold at 16.71 g/t for Rox at Paddy's Lode, extending mineralisation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 70 more messages in this thread...

First 58 Last

Add SYT (ASX) to my watchlist