I certainly think it will contain good news. I am getting a bit concerned that ICI continue to report good news is the blandest possible manner. I'm hoping we see plenty of life and forward looking vision in the announcements to come.
I know I've banged on (and upset people) about the market announcements/preso/investor relations. Part of my belief here is that its not only important to have one good set of EOY reports and preso etc (although I do think these will be ICI's best ever by a long way), but a company needs to have a history of good quality announcements (including the visual stuff like preso) on the record for researchers to see. Think when you first discover a company your first action is to look back at previous announcements and if there are extended periods of silence its a red flag.
Looking back at ICIs again now and trying to consider it from a future researchers perspective I think 2021_22 does just get a pass IMO. A new invest can see the >12mths of acquisitions that have gone on. Everyone knows they take time to settle in. A fresh eyed observer would be wondering over the last 6 mths what was the progress on games (pretty much impossible to tell from ASX announcements anyway) but its not alarmingly silent for a newbie (we felt different coz we have ridden it week in and week out).
But anyway, what I'm trying to say is you don't fix a poor investor relations history with one good set of reports. There needs to be a history of good quality announcements.
So to actually answer your question, I see two possibilities;
(1) ICI announce with the same gusto as they typically have (and that is to say in a very bland manner). Financials will be good, projects are moving forward, but if its a purely backward look, this is what we did last year (kindy style 'show & tell') all of which is in the previous acquisition/qtrly announcements anyway, then there is nothing for the market to get too excited about. Maaaayyyyybbbeeee the SP will get a little bit of joy due to EOFY financials, but unless there is something else to continue momentum that will be unsustainable.
(2) they put out a good report, financials solid (exactly same as above), its not all backward looking, but has forward looking (this is more for the presentation. Of course annual report is about last year). 'In 2023 we intend to drop X, Y, Z, into billion dollar markets.....these target different sectors each worth $$$ .... expert team being build and delivering by ... partnerships with telcos to reach XX ..... starting drop in from Q2(?) ...' Forward looking, positive, hold onto your seats bitches coz we're about redefine gaming and this is why we are better than the other try-hards in the industry. That is not a pump if you back it up with actions to come.
Obviously they need to show off their skills in a presentation and give forward guidance (I reiterate, it doesn't have to be super detailed but right now we have almost nothing. A Qtrly breakdown of goals for Froyo and the market still isn't clear on what the relationship is between ICI and Froyo so what do we expect the market to do with that?).
That option would get some SP movement but as I've said above, its just the beginning of an investor relations history of announcements that ICI needs to start building. One set of announcements rarely fixes much. I'm hoping the new market comms employee gets this really rolling well.
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