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Ann: Contract Update, page-6

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bmloho

808 Posts.

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24/05/17

11:21

Post #: 24878853
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Originally posted by amok ↑

I think they are making solid inroads, but the problem is the they don't delineate their info clearly enough.

As can be seen from April 28th report...

During Q3, new corporate customer, Restaurant Brands advised that Vault is their nominated tender provider, the contract close will fall into Q4. Vault expects to provide its full range of Apps as well as the Vault Enterprise platform into Restaurant Brands sites across Australia and New Zealand.

Vault is pleased to announce a large New Zealand government organisation has advised Vault is its nominated tender provider and the Company will be providing the Vault Enterprise platform and Apps across this organisations numerous sites. Vault expects to close this contract in the coming weeks.

Would have been better to highlight each through a header and to focus a bit more on the implications of each. I think also the market wants figures in terms of predicted earnings etc.

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Could not agree more.

It is the simple "communication to the market" that lets them down.

However, in the overall scheme of things I would rather they continue to win tenders and increase sales, than worry too much about PR.

Results talk, BS walks.

Cheers

VLT Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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