RE: Pond life5 Nov 2018 18:33
What a joke post.
Profit lined up - what’s the gross margin? Even the bod don’t know by admitting it’s ynder pressure- it’s a hype statement to stop a mass exodus
IIs backing - they are hopping mad with this fiasc.
Cash in the bank - from those hopping mad placement takers- without the placement it would be insolvent.
All these delayed buys- uhhh, work it out from the sp.
To prove it’s not a punt, detail your fair value to justify this level, let alone £2 of yesteryear. Get hold of past results and show why it’s such a belter of a opp.
Pond life is more relevant to those with no substantive posts that smack of desperation trying to bolster it up while exiting. Tell us what the USP here is. All I have heard is the customer satisfaction is high; no wonder, they don’t pay.
Finally, any competent CEO could work out what had gone wrong even at this stage of his idleness and complacency post update, and he’s getting 2 firms in - totally ridiculous- PWC should be insulted and he should be asked to account for the fiasco to see if he can manage a simple business model.
I’ll tell you what’s the problem
1) pricing wrong
2) hedging balls up
3) basic deferred / accrued income method of control and accounting compromised
4) no credit checks pre acceptance and no control in recovery
5) huge pay for directors who are lazy and “ disappointed “ ahhh.
6) over agressive chasing of business trying to grab headline rev growth and and forget the number one basic. Big Margin
Have you seen GOODs margin?
I post here to balance all these empty misleading posts , any problems with the truth?
Prove me wrong and post a fair value figure that normal investors work by.