ITD 0.00% 14.5¢ itl health group limited

Well no surprises in the half year.As I mentioned above;-...

  1. 219 Posts.
    Well no surprises in the half year.

    As I mentioned above;
    - Currency gains of 1 million.
    - Nice increase in revenue
    - Disclosed restructure expenses that should increase returns 1.5 million
    - New CEO "cleaning out house" with an impairment disclosure, big clean out of 2.8 million.

    41 - 43 million expected end of year revenue but to "afraid" to forecast profit - better to be surprised than disappoint I guess.

    Given the 1.9 million loss they will be hard pressed to turn a profit for the full year.

    Looks like next financial year for the profit turn around and share price adjustment NTA still very good.

 
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