ATG 1.52% 33.5¢ articore group limited

Disappointed with strategy, page-8

  1. 123 Posts.
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    The Board and Management should be ashamed of how waffly the investor presentation was. To justify their doubling of overhead spending and halving of margins they spewed at best a steady state / status quo 3 point strategy that any college kid could have written, and then put up some aspirational table showing but look at how big our revenue will be in +4 years and the margins we will have then. It's like watching offtakes from the dragons den.

    After the expectation set over the course of the last year that margins were sustainable and the business was profitable and had leverage to be getting this update out of the blue is a case study in bad investor relations and stakeholder management. How long has the CEO been there 3 months?

    Just take a bit more care with us lowly shareholders. Remember - its our company.
 
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