Well IMO this presentation is going to do more harm than good. They will sell it down because of those June/ July comments(even though I feel they wouldnt be able to release that info etc till the quarterly not a good look IMO). The bright light I guess in that first section is this "Continued positive margins trending towards mid year target of 30%" but dont think thats going to negate the impact of the June/July statement
Also a bit of a last minute throw it out there presntation and letting us know they were presenting.
I for the first time (and I am pro AJX) felt the presentation was rushed and a bit confusing eg on the products we produce nothing about Alexiflam Syn but yet in the comments of whats happening in 2018 we get this
➢ EXPANSION OUTSIDE OF TEXTILES Efforts began in FY2017 to diversify Alexium’s revenue streams outside of textiles. Several of these opportunities are expected to materialize in FY2018. While a continued push into epoxy/polymeric markets is ongoing, the Company also has market adoptions planned in protective coatings and wood treatments.
Also check this out
Hows this bit
31% margins on June sales directly contributed to Alexium reaching a cash neutral position on pace to -----(what? the end is missing on this part either my computer is not downloading or this is just a hasty put together from old announcements IMO)
Anyway I dont like being negative or down and out as everyone will attest I am usually always optimistic, but sorry feel like this has missed the mark a bit.
Hurry up quarterly so we can truly get a glimpse of what is happening IMO, sorry for being a bit negative today but thats my opinion of presentation, I continue to hold, all my view have a nice one all
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