I didn't expect much this quarter but even I was underwhelmed by this report. We were told in June that we would be rolling out 126 hubs over the next 3 years. Assuming that the bulk of the hubs will be rolled out in the second part of the three year period I would expect at least 20 hubs to be rolled out in the first year. In this report we have managed to implement 2 new hubs in three months. Also even with the extra revenue generating hubs our cash receipts went backwards. I think this company is discovering that even if you have the best software product, integrating it with a clients other technology systems is not a trivial task. (Look out for "problem in attracting talented staff" in the next quarterly report)
YOJ Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)