I'm a new shareholder of this stock. I like how regularly this company puts out positive market announcements :)
Printable View
I'm a new shareholder of this stock. I like how regularly this company puts out positive market announcements :)
They said that they are going to spend up large on R &D and marketing this half. They have several new products in the pipeline, K12 is coming off patent soon, so they need some backup.
Absolute revenue values are pretty low so I imagine expansion costs could cut into them notably for now while they are, as you said, a growth company. I also found it odd they said in line with FY19, perhaps they are being cautious to account for high R and D spending.
1 Feb 2019 was a very positive market update on sales to 31 Dec, hoping for another this year. Not long to wait!
Big update on monday apparently.. as per their instagram.
Hope it's something material and not something "fun"
It will be very interesting to see the NZX release on Monday morning related to this "about to take things to the next level come Monday" on facebook.
Knowing that Air NZ did give travel guard to their flight crews, I wonder how big it would be if just other major airlines started doing the same?
The other option could be confirming a new product such as the skin one???
either way, I am looking forward to the news