Lets wait for the quartely to see if we have a "struggling business model" shall we?
New products... EST PPV
New Platforms... Amazon.. PS4 Xbox.. LG
New DVD mail centre...to reduce costs and boost efficiency. New NZ based call centre...reduce costs New Streaming agreement with AAPT cost savings.
Growth in streaming content and DVD library.
All this in the context of a streaming market forecast to grow strongly over the next few years.
The last quarterly showed anincrease in revenue per csustomer with trialists nearly doubling. Churn was down.
The elusive factor has been growth in the number of subscribers.....if that can be turned around with all the new initiatives....QFX is a very big winner!
QFX Price at posting:
1.3¢ Sentiment: ST Buy Disclosure: Held