CNW 0.00% 6.1¢ cirrus networks holdings limited

Extremely poor result. For Canberra to be up 90 per cent on the...

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  1. 934 Posts.
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    Extremely poor result. For Canberra to be up 90 per cent on the year, and revenue to be up only 12 per cent, means that Melbourne is going backwards at a rate of knots, most probably losing plenty of money, management weren't retained at Melbourne when it was bought, bad mistake. For perth to be going backwards, when resources are booming is very odd too. I would love to know what services contracts where lost in wa. Wa government contracts are not going well either.

    this poor performance is totally unexceptable in a booming market. Covid has created more work, not reduced it. Commentary was delusional blaming convid, just an execuse. I agree with jpguru now, ceo need to go. No point paying all these options and salary for non performance. The only good thing is cash continues to grow, but until I see the balance sheet I reserve judgement. Second half pretty much broke even. Thats pitiful and embarrassing.

    will be interesting to see guidance for 2022.

    struggling to find staff and losing good staff is a real worry
    Last edited by Daz08: 06/07/21
 
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