ZNO 0.00% 2.8¢ zoono group limited

Ann: Zoono Announces Full Year Results and Maiden Dividend, page-78

  1. 184 Posts.
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    I am not disputing the results (albeit on the backbone of a tragedy because before that they could not make a 1 cent profit !), I am just saying that the management does not appear to know how to message out great results, pays div instead of developing the business etc . They ask the investors to stay with them but for what? 3 cents div?

    Investors (like you I'm assuming) waited for 3 months just for a slim 1-2% profit (June 1st SP=2.48) ... why would one not invest in KGN and make 120% in 3 months? (happy to have done that)

    Great results should be reflected in great SP appreciation..... if not, smth is not right. And for that the mngmt is to blame.

    --> my messaging would have been: "for FY21 we are expecting a (say) 30% , 40%? ..etc (or more) revenue growth and due to market dynamics, we will be in the position to firm up this guidance after Q1 results".

    as a CEO you need to provide figures not feelings. what I heard was "I think we'll be making more money"... really???
    Growth stocks (like ZNO) only thrive on (results + guidance), TOGETHER.

    Trade well and stay safe.
 
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