Not bad actually, share price has reacted accordinly... may even get back to my price target eventually.
Operating cash flows healthy, as with debt.
Growth clearly slowing (big time), along with gross margin.
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At first glance this looks pretty good.
Yep, so a reduction in dividend and basically no growth beyond CS & Co is how I read it. (OK a little bit of growth in Aus, but that's about it).
I am happy with that, not great but I am happy. Would have liked a slightly higher NPAT on that revenue as I had it at 13.1mil but higher EPS growth and reduction in debt.
Lower divie not ideal but they have said it's for future growth, I wonder if there will be an acquisition this year, really hope the capital isnt used for Ecoya's branding. Or better yet maybe sell off Ecoya all together. If the hit their FY18 forecast I will be a happy holder.
I'm surprised with the NPAT as i was expecting the 10.5m forecasted on 4traders. Will have a more thorough look over the result tonight, but at first glance i think i will continue to hold.
A bit surprised with a subdued market reaction....Back to the same level as yesterday. May fall further too.
Probably because ebitda came in at lower end of guidance and NPAT of $12m odd included that $1m adjustment (which saved the day?) ........and the guidance forF18 is a bit wishy washy.
And talk of reducing margins maybe has some worried.
I'll need a few wines to get around the conflicting numbers in the financials and the presentation pack. Management seem to prefer the presentation stuff so better use those eh
But heck they going to make more dosh this year so no worries