CLT 0.00% 2.6¢ cellnet group limited

I am not sure...I found the finance report and accompanying...

  1. 3,715 Posts.
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    I am not sure...I found the finance report and accompanying notes hard to make sense of.

    Inventory appears to have shot up, compared with the June figure. The amount of inventory listed in the table in the note is bigger than the amount listed in the balance of inventory figure in the sentence under the table.

    regardless, inventory by end of Dec 2020 appears to have shot up. I guess if CLT sells all that prepaid stock, they will make a tidy profit.

    looking at the segmented results, the Turn Left business appears to have done well this last half, whereas the other business(forgotten its name) didn’t appear to grow.

    ...

    all in all, I find CLT's explanation of how they make money and what they predict for the future confusing...

    ...

    I would have thought they would have benefited from our strong Aussie dollar, but that doesn’t appear to have happened.

    ...
    I think the new CEO needs help explaining the making-money side of the business better.




 
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