Everyone is SO sanguine about this quarterly. WOW
I, like lot's of you have held this since J.S. joined.
2 things ring big alarm bells in my opinion.
The Quarterly is extraordinarily short on both words and detail.There is NO indication of what makes up the sales. Sentia ? PetTrkr ? Xprecia Prime?
How many Xprecia strips or value thereof? They boasted about recovery with HRL last quarter....no mention at all!
The other aspect that makes me suspicious is when companies change the comparison periods. For instance, they usually say 'sales this quarter were so much over/under pcp. Not this report. It jumps to comparing HALF YEAR sales...that may be fine but I believe we shareholders should be able to clearly see how each product whether it is a Strip, a machine or a service is perfrming against relevant comparators.
Don't get me wrong, I have been a TRUE BELIEVER as they say but it is beginning to seem to me that the so called sales opportunities are jut not materializing.
They may well be holding 4 years or so of my cash (shares) with no true return.
I fervently hope I am wrong but this WAS a SHOCKER report.
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- Ann: December 2023 Quarterly Activity Report and Appendix 4C
Ann: December 2023 Quarterly Activity Report and Appendix 4C, page-19
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