VOR 0.00% 39.5¢ vortiv limited

Contract extensions Australian Securities and Investments Commission, page-212

  1. 1,958 Posts.
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    Come on Doc, take it easy on Jeff, you are constantly bagging him. I would prefer someone of his ilk that one of these smoke and mirrors type who blow smoke out their bum. He has transformed this company with very little cash, acquired 2 specialist complimentary businesses in the right industries where grow was coming (before it exploded) drove it to cash flow positive AND profitable, paid for the businesses out of operating cash, correctly wrote down the value of the TSI investment and continues to be on the lookout for value accretive bolt-ons. Sure its not a gold spec that doubles in a day but he is building a sustainable business that is valued fairly by the market. Its valued at what $35m and so it should as its only make a small profit. Blue sky? well its a service business - its not going to find a big gold mother lode overnight, it wins a contract, then it need staff to execute that contract in a competitive market. Sure we would like to hear of contract wins but hey that's par for the course, they probably win contracts weekly but like in my service business I cant imagine my clients being happy if I plastered that across the social media with values, and I don't work in the highly risky cyber security business with banks and governments....so please give him a break as I believe he is the current man for the job...just be happy that the share price is trending up, we have all been it this for a long time, rewards will come.
 
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Currently unlisted public company.

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