VRS on my calc is running on vapour. April will be a watershed month for them (big cash outflows) I believe from a cash perspective.
Given the 1H result, + a poor January, 1Q has to be a disaster, which means FY20 is 'all over' - again.
Their issues are just not unprofitable work, but a massive lack of productivity.
Every professional services business functions on the interplay between realised rate, recovery rate , utilisation, leverage and margin. Veris will not be performing well on any of these drivers. The board and senior management clearly have never understood this and therefore cant act to counter.
Some reputations being trashed here.
- Forums
- ASX - By Stock
- Ann: Veris 1H FY20 Results Presentation
VRS on my calc is running on vapour. April will be a watershed...
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRS (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.049 |
1 | 200000 | 0.048 |
2 | 625531 | 0.047 |
1 | 134273 | 0.046 |
1 | 70000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 100000 | 1 |
0.052 | 107000 | 2 |
0.058 | 37700 | 1 |
0.059 | 200000 | 1 |
0.062 | 100000 | 1 |
Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
Featured News
VRS (ASX) Chart |
Day chart unavailable