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Ann: Half-year results announcement, page-2

  1. 138 Posts.
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    Some negative undertones in it and the first mention that covid was a hinderance rather than a tailwind.
    They do harp on that a lot of the revenue has been deferred and the balance sheet shows that there is significant revenue to be realised this quarter.

    It appears the reseller comment a hc member alluded to in another thread (and copped some flack for) was legitimate. I guess this is the main reason our growth has stagnated a little but it seems to have been substituted by the VET and direct full curriculum sales.

    They still have a decent wad in the bank, they have maintained their employee exps as well as their COGS, so I sit pretty comfortably in the stock for now.

    Bought my first parcel this morning after the stock took a decent bash...first of 3-4 parcels that I intend to fill. I'd have got half my fill of my anticipated stake if I had more funds available but happy to have dipped into an interest at these levels.
    Looking forward to the quarterly in 2 months
 
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