been reading the Nov 17 trading update, I can now see why many...

  1. 893 Posts.
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    been reading the Nov 17 trading update, I can now see why many people are dumping this share at first glance the report stresses that the EBITDA margin will be a little lower (14.5 to 16% down to 12.5 to 14% ) than predicted, (looks like Mister Market has made a big deal at of this part of the report)

    The forecast revenue growth still looks great at 22%, I don't mind seeing a little less margin when I'm getting 22% more revenue.

    Unless I'm wrong Its this revenue growth at the expected margins which should see this business continue to finance growth and pay dividends.
    If I'm not wrong then I would say that we can only Thank Mister Market for great buying opportunities like this when they arise.

    All the best to present and future CSG holders
    FP
 
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