CL8 0.00% 1.3¢ carly holdings limited

Ann: Collaborate Investor Presentation July 2019, page-24

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  1. 3,128 Posts.
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    The best financial decision I made was to stop giving CL8 any more funds until either the CEO leaves or they turn the ship around. Still work needs to be done to prove to SH's that strategic focus and work ethic is in place to grow revenues urgently.

    IMO, turning the ship around would mean the SP is above +3c (so for me I'll sit this one out). However there are nice things on the horizon, the Imotor and Student VIP deal sound very interesting, the Turner investment for NZ expansion too, but so did Aon, RACV, AirBnB, Smartfleet, Subaru and Peugeot.

    Additionally short term KPI's aren't a nice to have anymore, they are now a necessity, i.e. 80 Subs by end of July, 100 Subs by end of August.


 
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