Interesting that there is no guidance in the AGM this year...

Interesting that there is no guidance in the AGM this year either (sorry if I missed it).

Call me a cynic, but it's not a hard business for management to offer a profit range. They only need to estimate the next 9 months. Does silence mean anything?

There is a fair bit of marketing speak in their presentations in recent times. And a lot of tweaking of the Radio Rentals model. Not remaining stagnant for long-existing businesses is great, but sometimes it is a sign that isn't quite right or that the competition is making in-roads.

If anything, the management direction is moving away from transparency the bigger this company grows.

Could be that I'm reading too much into it.