CAT 0.00% $2.16 catapult group international ltd

Ann: CAT Signs Deal with NRL, page-19

  1. 35 Posts.
    It is a Broncos player.

    RWC! i know the non disclosure rules and this does not fall under this rule, if it does then every deal won or lost should be disclosed.
    Let us say you are correct (which your not) then CAT should then tell us the material difference in revenue from this announcement particularly when they have had a monopoly (every team) in the NRL for over 10 years.
    We now know at least one team (as i said arguably the biggest brand in the NRL) do NOT use CAT so by simple mathematics CAT are receiving materially LESS from the NRL than last year.
    As i said the document is very cleverly worded in such a way to make the reader believe its a league wide exclusive deal (even though it never says its a league wide exclusive deal)
    The NRL Statement ( single paragraph) only says the deal will allow them to get access to performance data, no mention of broadcast or anything else. CAT chairman also does not say its exclusive or anything about broadcast.
    I advise anyone to read it a few times and disagree with me.

    Do we know if other suppliers have similar "aggregated" contracts? As i said previously its written (in my opinion) in a disingenuous way to make you believe its more positive than it is and this is my biggest issue, the attempt (by the leadership) to push out information which is not what it seems.
    As Tjtin has said previously "they always play a bit fast and hard with the truth" pretty sad when your own shareholders believe you are not to be trusted.

    Also an aggregated contract is something super markets do to get cheaper prices from suppliers and pass it onto the consumer, i suggest this is an agreement that means the more NRL teams that use CAT the cheaper the price, so to go back to the original point is are CAT making LESS from NRL teams collectively? i believe they probably are (making less) because they have less teams and the "aggregated contract" will mean a lower price per team.
    My biggest problem (and anybody else who has been burned by this stock) with CAT is they are "fast and hard with the truth" on a continuous basis. For example look how many times they have changed the financial reporting methods.
 
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