SCT 0.00% 0.8¢ scout security limited

I'd like them to show us the FY17 financials before pushing the...

  1. 6,694 Posts.
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    I'd like them to show us the FY17 financials before pushing the rising revenue angle. Half year to Dec 2016 it had dropped substantially.

    Might have revenue but have some serious losses to go with it and liabilities of over half the cash they plan on raising.

    Most recent reviews are perhaps even more concerning,
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    However these reviews appear to be for the product supplied from the previous shipper and they now have a new amazon listed product. How different the product is I dont know, it is a possibility they just wanted a clean slate of reviews for the IPO launch.

    So much to dislike in this stock, so so much. GLTA.....I would not be touching this one until they give an update on financials to June 30th 2017, well actually I would never be touching this one at all, but if I was anyone thinking about it I'd be chasing financials.

    Hopefully the ASX knock them back.
 
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