IKE 4.44% 43.0¢ ikegps group limited

Ann: ikeGPS (IKE) Annual Report, page-4

  1. 3,894 Posts.
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    Agreed. Huge addressable market yet IKE still cannot seem to breakeven and make money from it. A stronger chairman might’ve addressed this with the MD by now, because new contract wins are simply contributing to a million dollar salary machine for sweet talking management while long term investor wealth has been shredded. They need big solid wins, not a few hundred grand here and there. Perhaps the chief sweet talker is just no good at sales.
 
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