"Business Milestones - New opportunities under review". how many times we heard that before and then - silence!!!!
"Business Outlook - 2014/2015 - product pipeline and new opportunities progression" - hmmm with all due respect that IMO is a nothing statement - nothing more has been provided to us SH's and it appears to be more of the same but this time with less information (at least last time there was mention of the two opportunities they were looking at prior to pulling the pin due to something to do with chairmans associated entity (Hexima) withdrawing - or did I read that wrong? - please anyone clarify if that is the case.
"Outlook" - page 7. makes mention of profits in last five years and that the agreement with Elli has not changed. However does not mention what is expected in future or does not even provide guidance as to the impact of recent events on potential future earnings. Thought this would be done given the title "Outlook".
could go on but in a nutshell - pass the baton and lets all hope for the best going forward.
BUT would dearly love further info on these new opportunities (unless there are none on the table at this time) and pipeline projects - especially given no previous mention of anything concrete and even this is a claytons reassurance on pipeline projects (how long did it take to provide any information on the two last time they were mentioned - hmmm an awful long time and well beyond the timing provided by the company to release info on them (yep well beyond their own time frames)!!..
all IMO so DYOR and form your own opinions.
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Ann: 2014 Annual Report, page-2
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