Ann: FY23 Half Year Results Investor Presentation, page-2

I'm not in anymore, as stated in another post.

However, this presentation is the worst I've seen from SECOS over the last 3 years. Terrible. The graphs are terrible making it hard to understand where the companies at and the wording in places is horrible. Unclear and not concise.

The statement about the waning of traditional plastics is also scary. They are going to cut down > 30% of their revenue stream. Now, I'm a believer in plastic reduction, but they've stated no clear plan of how they plan to replace this revenue.

Glad I sold out when I did.

I'll be looking for 3 key things; the simultaneous increase of revenues and NPAT and not just sacrificing a large portion of your revenue to make your NPAT percentage look better while reducing overall NPAT, the introduction of laws and policies prohibiting the sale of plastic garbage bags/pet waste bags/kitchen caddy bags, and the lowering of the price of SECOS bioproducts overall. Then I'll re-enter.