Not sure whether anyone tuned into the results webinar this morning.
One of the underlying themes for me was balance sheet strength and a clear strategy for more acquisitions with a focus on the US.
Jamie was very comfortable with the bedding down of the CTD technology and the transition from US 3rd party tech providers to in-house tech. When questioned not he integration form a fundie analyst, Jamie's comments were along the lines of "this is the 4th time we've done this mate - this is business as usual for us"
These comments, backed with in-house software engineers to support continuous improvement initiatives (customised for clients) in a dynamic and efficient manner was impressive....
Based on the FY19 guidance, clearly CTM are backing themselves to improve the EBIT margin on the LOTUS Revenue significantly which should provide significant boost to the bottom line...
Not sure whether anyone tuned into the results webinar this...
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$13.80 |
Change
0.150(1.10%) |
Mkt cap ! $1.997B | |||
| Open | High | Low | Value | Volume |
| $13.76 | $13.80 | $13.72 | $297.0K | 21.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $13.80 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.82 | 40 | 1 |
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| Last trade - 10.13am 24/06/2024 (20 minute delay) ? |
| CTD (ASX) Chart |