Qtrly was a bit of a snore-fest for me. Only take I took from it...

First 6 Last

Share
Profile

Follow
Cronus

1,304 Posts.

108

04/02/20

15:00

Post #: 42739000
Share

Originally posted by Yangbong: ↑

Surprised by the lack of comments. This 4C is a very poor result.

Have a token holding here. While I think the technical progress and the addition of a new strategic investor are great developments. Progress on a operational level have been awful, little addition on contracted restaurants has been recorded, and revenues don't even match what it should based on what the company tells us is the monthly per unit pricing. Something is seriously out.

I wish holders and the company well, they have some heavy hitters on board. And I don't doubt a large restaurant chain announcement is just around the corner. But at some point the company has to execute, so far it has failed terribly.

I will keep watching. But adding to my holding seems a long way off from here.

Expand

Qtrly was a bit of a snore-fest for me. Only take I took from it was already alluded to above. Despite the suggestion that the timing of receipts was the reason for low revenue it has more to do with the previous figures being pumped up by installation income. No installation, no revenue...recurrent revenue has a long way to go.

DTS Price at posting: 13.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: How a megadam in Tibet pushed us into the red

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

RML

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

First 6 Last

Add to My Watchlist

What is My Watchlist?

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.

Qtrly was a bit of a snore-fest for me. Only take I took from it...

Top Stories

ASX Market Close: How a megadam in Tibet pushed us into the red

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

Featured News