CNW 0.00% 6.1¢ cirrus networks holdings limited

Ann: Quarterly Activities and Appendix 4C, page-19

  1. 2,057 Posts.
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    You can't look at this company's revenue based on qtr by qtr, their cash-flow would be far too lumpy, you need to look at the yearly revenue IMO and i think we are still on track to beat FY15's yearly revenue. What we need to take out of this qtr, is they have set up a lucrative managed services division, secured 2.1m dollars worth of contracts in the manged services division alone and all amounting to a loss of only $1.6m.

    The market imo is looking at this all wrong IMO. We won't have to front the cost of setting up the managed services division again, and we can collect the steady revenue stream that comes with it. I like the view of this one long term.
 
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