Ananlyst call15 Jan 2025 09:23
just listened to the analyst call. like the trading update, a bit of a mixed bag. got the impression that wind has been taken out of gf sails. although he still seems confident of hitting roc and profit targets, he is less precise about when. on targets generally, for completed builds etc, there is now a marked reticence to say precisely when this will be achieved. an emphasis on accepting that the business is subject to external factors which might knock him off course. but the historic internal ****-ups do seem to be a thing of the past (hopefully!) and it might just make them a bit more cautious going forward. a few quarters of delivering what they promise will be very helpful now. underpromise and overdeliver is always a good way to play. this will not be flying to the moon any time soon - it will need patience. and the cfo on the call continues to be is a irritating little oik who is stealing a wage!