MVH 7.50% 8.6¢ medic vision limited

end of year achievements report, page-5

  1. 15,745 Posts.
    Yeah Blokes, a few thoughts.

    I thought that it was interesting that such an announcement had to come out. Nowhere does it mention any dollar amounts of revenue.

    I think that it points to another negative quarterly coming up. Revenue will be low, and cashflow a large negative. The writedown reported earlier added to the normal loss for the quarter will produce a horror loss number for the half.

    Negative overall market conditions in January will help to push this one lower still. I would keep your powder dry for a while longer yet.
 
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