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0.7¢ scout security limited

Ann: Scout Builds Strong Revenue Growth - Feb 18 Sales Beat Jan, page-23

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DreadPirateRoberts

989 Posts.

387

03/04/18

12:40

Post #: 32183467
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Originally posted by SLewis ↑

I think I'll steer clear of Scout from now on. I don't like the management's approach, like you said continuously flavouring the numbers, and I think they have a lot to learn. Both rather inexperienced leaders in Dan Roberts and Dave Shapiro, they've already made their money. Given the amount of issues they've had with inventory management and missing the deadline on the half yearly in their FIRST year of listing, I just see a lot of crucial screw ups yet to come.

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Also, what do you mean “they’ve already made their money”? The co-founders were escrowed for 24 months. So they onvioisly have an interest in growing the company and stock price until then (and beyond).

SCT Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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