VMG 0.00% 0.1¢ vdm group limited

We'll all know in about two months when they release the half...

  1. 539 Posts.
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    We'll all know in about two months when they release the half yearly. My guess will be a poor half, sub 5m npat before abnormals. They are probably in the midst of staff lay offs or delaying till xmas is over. It must have been tough trying to hold key staff while they try to push the pipleline of business to orders.
    The next indicator would be snr mgr jumping ship. Consulting would be first, because it was the too hard basket, tough turn around stream. Construction next, with snr mgt change as well.
    On the other hand the new kid on the block, Crossley put his hand in his pocket and bought a few. Sometimes an encouraging sign, sometimes.
    For me, I like turn around stocks and this will be one of them, once they find the right team with some vision to man the rudder. Not convinced at this stage and what really matters is cash hitting the coffers, not much else.
    Mav
 
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