PXA 0.60% $13.45 pexa group limited

Ann: PEXA Group Response to ARNECC Ministerial Forum, page-31

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  1. 5,455 Posts.
    lightbulb Created with Sketch. 548
    there is a saying in the market if you been around long enough

    "revenue is vanity, profit is sanity and cash is reality"

    growing revenue mean nothing if you spent every dollar of it

    what I want to see is whatever revenue they got they need to control cost and generates some reality and that is good cash flow
    revenue and profit means bugger all if it doesn't match up with decent cash flow.

    Long term the market will price you on reality not vanity or sanity

 
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