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