The report seems a bit lean but they are still moving forwards with increased group revenue. There are a few good contract wins and a few that they haven't reported on since they were after June 30. The share price drop to less than 50% of what it was 6 months ago is a bit of an over reaction IMO so I think it still represents value as a long term holder.
Perhaps I'm an optimist, but the language in the last reports has all been about positioning themselves for the future by
- hiring the right board members senior management
- making the right acquisitions
- and creating inroads in the the markets so that they are positioned for growth.
This positioning seems to have been completed this quarter, so hopefully BID is a case of ...
- Forming (acquisition)
- Storming (This quarter)
- Norming (This quarter)
- Performing (next Quarter)
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
The report seems a bit lean but they are still moving forwards...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)