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20:27
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Originally posted by MovingAverage:
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Give a brother a break...the financials were just released about 40 mins ago. Got to be careful about reviewing their financials, want to make sure there's no slide of hand going on and I'm not the sharpest tool in the shed so takes me a bit to get all these numbers clear. Have to admit I had a laugh at their statement about "accelerating" their online business, they've gone from $4.2 mil to $4.6 mil in revenue. Seriously, they need to stop treating investors like idiots. That is an anemic level of revenue growth and who knows what their increase in cost base has been to achieve that growth. AGI never comes clean about the costs associated with their online business and why do they lump it in with their RoW business. Just look and the revenue growth their competitors have achieved in their online businesses in a similar period. I'm looking forward to digging into their disaggregated figures. As for LTAM, seems like AGI is up to they're up to their old tricks of blaming delays in approvals (this time their new cabinet) but somewhat more troubling for me was the line about ""extended terms". As an Austrian once said--I'll be back (with my thoughts on their financials soon). Who's going to dial-in to their call on September, 1?
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MA... Still happy that I took your “valued opinion” and sold out. didn’t get the top price, but from memory almost twice the current price.
