Yes they under-promise and over deliver. And are focused on organic growth.
From last year's annual report : The Future- At our 2019 AGM we discussed a new Plan to take sales revenue to $150m in FY2022. This Plan includes improved efficiencies in our Distribution Centres, rolling out the new transaction technologies mentioned above, and further network expansion. While working to execute this Plan we are also progressing the major network changes required to support sales revenue of $200m.
My money is they pull this off. I only bought recently after the guidance and then they already upgraded that by another 400k. I hope this will be another one of those sleep easy investments where the business grows quietly with no fuss and our shareholder wealth with it.
SNL Price at posting:
$7.65 Sentiment: Buy Disclosure: Held
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