The Quarterly Update looks good prima facie.
1. I guess they have confidentiality on the new US Health Insurer, POC/T .....very promising. Be great to get some figures on this and AMP and Nationwide...time to start the model ?
2. Maybe the selldown today is based on the part about the Nationwides's "Q2, 17 implementation", wasn't it supposed to be February ? That would also imply April now...is that a scheduled delay ? Hope not.........am I missing something ? or is it that Q2, 17 is February for September year end ? Looks confusing. Some clarity would be good. Thoughts ?
Be also good to know more on the CF budget ...especially on capex on R&D.....the new hires + Tech R&D add to the cashburn....to be expected though. SO am not too suprised. Cant win big new contracts without both.
Thats all I can see for now. Over to others 952i, Inferno, TGT, SeaBlue, for your thoughts ?
GG
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