Have been following for a few months now and looks close to a buy - one thing that is concerning and I have posted before on another thread is with regards to a sales.
The content from the annual report (Intelicare Holdings Limited, Directors' report 30 June 2020 pg4) suggests that there are a few channels:
- Outbound Marketing
- (P2P) distributors
- marketing to healthcare and homecare professionals
- implementing back-end systems and developing a detailed marketing strategy
- small-scale, limited B2C sales through an ongoing digital marketing campaign
Reviewing announcements in the last 6 months and a search on Linkedin there doesn't seem to be any reference to a sales person let alone a senior sales position.
Surely a prudent investment would be someone or some people with this expertise to target the Medium-Large organisations and get some cash in the door, build up the reputation and get the Co moving forward faster?
As admitted in the report "Initially, these sales are expected to be incremental and organic".
Wanting to buy, but who is driving sales?
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