SP3 13.3% 1.7¢ spectur limited

Ann: Annual Report to shareholders, page-36

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  1. 192 Posts.
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    Spectur is now facing the awful predicament of having to actually produce genuine and sustainable profits.

    Investors are often happy to speculate and jump in at the first sign of an "inflection point". Alas, this management team has now so thoroughly torched its credibility that even one great quarter won't be enough. It will take 2-3 quarters of strong positive cash flows to convince the market.

    Spectur needs a new CEO with experience running a profitable / private business. It's incredibly hard to transition from middle management in a multi-billion dollar company to running a small business. They're scarcely comparable in terms of the grit, skill, knowledge, and discipline required. In hindsight, it should've been a massive red flag... :/
 
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