It’s pretty simple.
I’ve always been interested in buying AMS and have missed it a couple of times and the price is now very cheap, but I can’t shake the doubts I have and my post was essentially trying to summarize how I have observed the scenario with Estelle playing out. I wanted to see if anyone else could point out something I have missed or explain the variances in sales between Q3 and Q4, in particular how they turned it around mid-April and suddenly knocked it out of the park for the rest of the quarter, usually a turnaround like that takes years.
The real challenge I have is it doesn’t matter what the next quarterly says, I won’t trust it, because I can’t make sense of the recent numbers as I explained and I’ve had companies fudge quarterly numbers in the past (business now delisted), so just being published to the ASX doesn’t protect me.
Does anyone have a link to a full year webinar / presentation that Management gave, I wouldn’t mind watching that and seeing how they answered questions.
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