Yeah, did watch it. Was a fairly plain vanilla preso, nothing stated that wasn't on the slides. But NS did spend a bit of time emphasising the financials...
The part likely to stick with the audience was NS specifically highlighted the investment grade of FND, purely based on the financials. Mkt Cap at $15.5M, and forecast EBITDA for the FY23 is $14M - but indicated that these figures didn't include any input from SBI whose K was expected to end at 31/12/22. Now that it has been extended till 31/12/23, forecast FY Rev expected to be in the range of $55-$60M (up from $47-$50M) and forecast EBITDA $15-$16.5M (up from $13-$14M). That should have pricked a few ears, I'd say based on forecast Rev vs Mktcap!
Otherwise, just followed the script...
Worth it just to hear him speak. Nothing earth shattering, but appeared competent and at ease!
FND Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)