HUM 2.26% 86.5¢ humm group limited

They are missing milestones....i.e UK launch was promised by...

  1. 5,928 Posts.
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    They are missing milestones....i.e UK launch was promised by EOFY 20-2021....has not happened.......

    The market cap/ SP has not improved.........in fact is lower than pre c-19 (with dilution should be atleast 1.61)

    Revenue as been same in last 3-4 yrs around the $460-480m mark





    2020
    30/06
    2019
    30/06
    2018
    30/06
    2017
    30/06
    Total Revenue474.6487.8478.9462.8

    Reporting is still SO BAD or infact no reporting.
    Strategic intent still not clear- growth-expansion- timelines
    Cash- no update on how the $175m cash is being used for (all we saw were ads, but no improvement in revenue- ad money given to own mates). NO acquisitions etc
    Sale of legacy business- Valued at $300m, legacy business should have been sold, if not sold, break it away and list as separate company...i'll be happy to get a regular divi off that and growth

    Been a disappointing 12 months.
 
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