XPL xplore wealth limited

Ann: Change of Chairman, page-5

  1. 69 Posts.
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    good points @joewolf - but some things to think about.

    * The CEO report released today makes some big statements on building new capability. There is a large amount of execution risk here. and their history in executing has been poor - Capital road and the new $10m write down of Linear.
    * They are competing with the big boys like HUB, NWL, BT, Macquarie etc etc. These guys have cornered the market and XPL is playing catch up.
    * XPL will need to show some significant NEW business from large financial planning groups this quarter and the next quarter.
    * Will be interesting to see Cash flow statement for the half year ending 31 Dec. Operating cash flow less the tax benefit claim will be the magic number.
 
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