I know there were some concerns with the "headwinds" comments...

I know there were some concerns with the "headwinds" comments made by Bruce Hatchman.....but sometimes JCS just underplays....

Let me remind you all that this is not the first time conservative language has been used by JCS WHICH preceded the stock price to rise over 5 cps

Words taken from the announcement made on the 20th April last year

"While the Company overall is seeing sales growth, investments made earlier this year in our sales, marketing and service delivery capabilities have not delivered benefits as quickly as originally forecast, with longer ramp up times for new employees experienced by our ERP business."

and

"The consequence of our evolving sales mix is that our projects are taking longer to implement and recognise revenue, with the service team undergoing a period of change throughout FY2018 to deliver the increasing number of larger more complex projects."

BUT  by July 17 ........ä new announcement came and 4 cps price ....and by 22 Aug a 5 cps price was reached.

"The Company has been consistently advising the market that our revenue profile for the growing ERP division is strongly skewed towards the second half of each year, particularly the June quarter (Q4). The Q4 result was at the top end of the forecast range with strong success with ERP customer renewals (particularly multi year renewals) and more customer implementations completed by the end of the year than forecast with customers seeking to be go live ready for the start of the new financial year. "

Sometimes JCS play underplays.....

20th April 2018 announcement link

17th July 2018 announcement link