The Thai election fiasco appears to be hurting the business there. The economic numbers out of there look to have weakened and that backs up what Icar is saying in that market. Thailand accounts for 40% of overall revenue. If the audience and leads revert to the pre election numbers, then you could see a nice pop in the cash receipts for the next quarter. Malaysia looks solid. Price increases don’t appear to have caused a notable churn. Indonesia looks ok and I guess you have to take them at their word that the low growth in leads and audience was solely due to the impact of the election. This market only accounts for about 10% of revenue but is very important long term. Big watch on the next quarterly with the no election impact. On the positive side, capital issues seems to have eased significantly with the lower cash outflow and an increase in cash on hand.
Any thoughts?
- Forums
- ASX - By Stock
- ICQ
- Ann: ICQ quarterly net operating cash outflow reaches 5 year low
Ann: ICQ quarterly net operating cash outflow reaches 5 year low, page-2
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)