Australia's largest stock trading and investment forum Australia's #1 stock forum

CTV

0.00%

0.8¢ colortv limited

Ann: 2018 H1 Financial Update and Commentary, page-19

First 19 Last

Share
Profile

Follow
1367

78 Posts.

27

27/07/18

15:03

Post #: 34596738
Share

Originally posted by Leverageman ↑

I have to say I am really disappointed with the quality of the company’s financial updates. I think they need to stop including the lengthy I ndustry information as this is no longer helping. What investors need and want is clear, concise and consistent format of information on the company’s financial performance.

The updates are hard to understand. You never know whether to take them literally or by what you think they mean. For example these percentages in the latest update. They refer to July 2018 revenue tracking at 124% of the previous July. I presume they mean 124% growth. Literally it would only mean 24% growth.

They really need to consider engaging a consultant to review their announcements before they release them to ensure they are actually helpful.

Why not release this latest update with the quarterly 4c cashflow? There are too many updates at random times which does not seem to be helping. Sometimes the less announcements the better. I think Altium is respected for this. I know we can’t compare to Altium but...

We are also all waiting on an update re Adcel which is now way overdue. I agree it would be better to cancel the Adcel deal and not pursue any further acquisitions for now and just focus on organic growth. As an example the two new Asian clients seem way more lucrative than Adcel at no cost.

A very frustrating situation. I am very concerned about this company that at the end of the day is undercapitalised and this is just after they have floated.

Expand

Would you be frustrated by the reporting if the SP was up higher? Not a criticism, just a common theme you see when people are in the red. I have seen alot stranger reporting from other coys

I always get more worried when the newsflow drops. More info the better, even if it's repetitive.

What's changed since the highs? The answer to that is what gives me confidence in my investment decisions.

EN1 Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug