SEN’s repetitive PR fluff filled announcement shows:-NTA backing...

SEN’s repetitive PR fluff filled announcement shows:-
NTA backing plunged.
Revenue was down.
GP was down
Employee benefits & expenses were up solidly.
Trade receivables down.
Inventory up.
Receipts from customers down.
Tax bill down (saving them money).
Net cash flows used in financing activities last year cost them $6.5 million and this year zero.

Nothing flash on the immediate radar and they are hoping things improve in 2008. A lot can happen between now and then.

I also got a laugh from their comment that their result would have been better is they had got the same R&D payment as last year.

The result would also have been better if they sold more stuff, paid less in exec & staff costs, etc, etc.

Also no indication on how much their furtuive fundraising efforts cost them.
And we still don't have a name for the investor relations person whereas once we did have a name.

Their range on full year PBT of anywhere between a loss of $2 million and a profit of $400,000 is as big a ball park as i can recall for an outfit this size. Obviuosl they can't or won't pin it down to a narrower band and this does little to inspire investors.

Speaking of investors, i wonder if there are any instos left in this stock?