business wise - this is what I see
Company is heralded to be CFN or CFP by now.
New CEO speaks of 'profitability' - is very very clearly a bottom line man as opposed to a top line man -
of course - you blokes and girls all discussed this fully - including many of the exact words that Dirk used in Sydney - (I assume you all discussed it when I was busy - because it was company changing stuff) - remember the 'wither on the vine comments?) Remember him saying the 3 areas that will be and are in focus?
So - Dirk and Co. have been in the orchard - doing some pruning after the first fruits only last year - really good time to do it ----------- change of guard time, increasing 'real business' revenue - enough to cut out the low margin dead wood and give us great margins - which equals ------------------------ wait for it
'profitability'
Profitability - the big deal that we all strive for - profitability brings ------------- FREE cash - which, if anyone has noticed is the very thing I have been banging on about since I first invested in Alexium- free cash is 'it' - the god of returns.
Profitability and free cash bring ------------- attention.
I said a few things about the noises we are and have been getting from the Dirk team - noises that will make things not only be different - but, look different ------------ my dotty charts and Taureans beautiful charts will change -- IMO - the attention will not be on 'cash receipts' or even revenue for a while - the ones to watch will be margin and profit.
Now, if anyone thinks that means we can just drop the idea of bids and later buyouts ------------ think again.
Think of this guard change as a gear change - it might be a smooth gear change - it might be a bit crunchy - but, once in the next gear - we will go the direction we have been going - that's my opinion.
And, of course - one of the areas to watch - our next big thing --------- AF - as said in Sydney - and post - will involve 'others' ------------- does that sound like a bidless future? And, if anyone doesn't know which corner of the world the interest will come from - then, perhaps a bit of reading and lots more discussion might assist
That's what I think of the business - you all know what I think about other factors in the company.
have a great day all
Pinto
