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Ici hired someone to do corporate report. I suppose the...

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rlee84

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25/06/22

12:34

Post #: 62202548
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Originally posted by FingerLicking: ↑

i squarely put the blame on the ceo. i find he's not adequately keeping sh informed:

so little is known about all of the company's largest, most promising projects, & updates are few & far between:

i think sh currently need to put in too much time & effort researching the dozen or so subsidiaries, projects & partners iCandy is engaged with, & still we only get a glimpse of what's in the pipeline:

therefore extreme patience is required, which most investors don't have.
on the flip side, research & patience are keys to investing successfully

@opinionator - my tune is unchanged i'm still against another share buy back for any small, high growth company, but i'm starting to come around to it because the company should still have around $31m* cash this quarter, which if the company is cashflow positive is a lot. but i don't think the company will be CFP this quarter, especially considering the Misfits project was delayed so no $4m boost, & i don't think anything else launched, so no large bump in revenue, just the first full quarter of recent acquisitions. therefore this quarter should definitely be a record for revenue, & hopefully costs haven't blown out...

*i get the $31m figure after accounting for Flying Sheep acquisition ($3m) & deducting final cash payment of $8m for Lemon Sky which should have been paid during this quarter, from last quarter's cash balance of $42m.

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Ici hired someone to do corporate report. I suppose the report/update is getting better but obviously can be better than what we have seen.

happy with various info we can find from everyone here.

ICI Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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