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Are there any other tech cos out there that have such seasonal...

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325 Posts.

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19/08/21

14:51

Post #: 55417869
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Originally posted by WestTrader057: ↑

It is a tough time for shareholders at the moment with no news coming to lift our enthusiasm for the stock.

I believe JC is right when he says the new COB is influencing the tight lipped approach to promoting the company.
They seem to have a more conservative approach than what they have had in the past.

I guess we each have different reasons for holding the stock.

For me the board has said that the results are seasonal and the results in the second half of the calendar year will outperform the first.
This then comes down to a question of trust and I do not have any reason to doubt them on this matter.

Then there is the issue of employing new staff. Would the company rush out and employ new quality staff if their inner calculations did not justify it or would the new staff want to work with an organisation, which did not show promise. Also there is the comments made last quarter about a growing list of potential customers and a new water facility prospect in India.

I pin my hopes on these factors, but the suspense is killing me.

l

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Are there any other tech cos out there that have such seasonal variations in their sales? Or is it just a China thing?

NET Price at posting: 2.4¢ Sentiment: Sell Disclosure: Held
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