What has changed is not just sales. We had almost 12 months since the tailwind of covid appeared. In that period, the company has been less than transparent, putting out inconsistent messages and changing metrics. That was done under the motto that they were focused on business and did not intend to waste time on unnecessary communication.
I am amazed at how they stuffed up communication with the market given how little communication they release. At this stage it is about confidence in management. If you can't trust management to execute the simplest approach to communication with the market how can you trust anything that they release or trust their ability to execute in their business operations.
I will judge them based on the audited half year report.
It could well be stellar and cause the sp to rerate, but honestly I am not holding my breath.
Add to My Watchlist
What is My Watchlist?
