Ann: UK Business Update, page-16

The market is the market Capt Steve .... different views make the market and different views make for an interesting forum .

The theory behind SPZ looks "smart " ....I suspect the reality isn't - naturally I could be wrong LOL

IF SPZ get to about 14-15 Cents ...which is where I think they are heading ....I'd probably pick a few up for the trade , or maybe the long ride. ( subject to what developments occur )

Right now , in my view there is absolutely nothing about the management that inspires confidence , other than their ability to produce beautifully drafted reports .

I really like their graphics . They do that very well .

They also pay about $300 k a year to one of the computer share entities for printing ( per last years report ) . As you may know Computer share is Chris Morris's baby . Nothing wrong with that I suppose - I assume the printing contract has been put to tender at some stage - Computer Share probably do a very competitive job .... who knows ???

But an Ozzie company with 90% of their revenue in the UK ???? Come on ....think of the reality of the " on line & day to day management and operational reporting." ..... its hard enough making a buck in a business you can feel and touch everyday ...... let alone one that is half the world away !

Slater and Gordon tried this ......on a much bigger exposure of course - didn't work so well .

I've heard others on this site complain that SPZ dont communicate much , other than via some of the social media sites . - its true they dont .

Back in April SPZ released their announcement saying that they dont feel obliged to put out quarterlies ( and I some made appropriate comments back then ) .

Maybe the company should demonstrate a little more transparency .

Right now its very "opaque "

Lets see what the half yearly look like .

cheers

VA