EOS 3.57% $1.35 electro optic systems holdings limited

Ann: Business Activity Statement & Appendix 4C - Dec-22 Qtr, page-15

  1. 910 Posts.
    lightbulb Created with Sketch. 170
    Statements made of "contract assets recorded totaling $161 million" - but the client hasn't yet been invoiced. Sound familiar?

    Change the word "pipeline" to "potential".

    Blow a staggering $13.9 million in one quarter leaving $21.7m of cash remaining.

    More talk of contract delays...and yet, when you look at their competition, it's been all guns blazing. Here's an example;

    Rheinmetall moving towards order backlog of 30 billion euros, CEO says | Reuters

    100+ workers laid off but increase the Managerial appointments that will come with high salaries, superannuation and other benefits.

    $287,000 paid to Director(s) inclusive of fees.

    The words have changed, but the language remains.

    Unconvincing.






    Last edited by Iloveicecreams: 31/01/23
 
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