Thanks Guys for your posts.
A couple of things I liked about the 2023 year presentation* and my gaining confidence in the company given tough economy. *(AGM 27/5/2024)
- The presentation was professional, as one would expect but many companies are not according to many HC posters.!
- The company is starting a shareholder / interested party communication which is deemed not material of an ASX announcement, eg a new client.... Good, again how many negative HC posters complain about management and boards who are not open.-Great.
-They are maintaining quarterly dividends up 1c to 11cents. This shows confidence and reflects directors considering shareholders.I have recently added to my holding.
IMHO.. While last quarters results were dealt with by the market, I believe we are in a good place as mentioned previously re: AI related sales, and a company that feeds an increasingly tech hungry world. I believe this fact means we will benefit from "necessity" verses "discretionary" expenditure (business' in particular) in these tough times.
GLTAH
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