I’m actually quite optimistic for this year believe it or not. This 4C will show growth, as will all the future ones. Sooner or later, the number of franchisees on boarded from Carpet Court and Capricorn, plus whatever lending they’re doing, plus SAAS fees generated, will lead to a cash positive position.
Im hopeful that once this is achieved, AF will take a step back and let someone who truely knows how to properly run this business take over as MD/CEO, because up to now, and currently,he can’t. The lack of respect shown to shareholders is simply mind blowing. He’s a gunner. We need a doer.
This 4C I’m wanting to see a MINIMUM of 2.6m in cash receipts. As for outgoings- god only knows. Obviously I’m hoping the pencils have been well and truely sharpened, but honestly, I’m expecting a blowout.
If we see 2.6m I’ll be buying more, with a view to break even in October 2026.
SPX Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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