stilolosses4 Feb 2015 12:27
now as you have only been a member since 20th jan, ill take your opinion with a pinch of salt if you don't mind. however to sum up what you are saying is that they (in your opinion) have failed, and are rubbish...am i correct?
ok so let me point out for you why they are a success in my opinion, they have been in business 20+ years ( as you point out) which in its self is no easy task, and suggest to me that their business model works very well.
second point, they make a profit. yes a small profit (ok i agree) but there are business that don't and they don't last 20 years. but a profit is a profit no matter how small which points me back to business model. now i ask how much money would you like them to make? billions? trillions?
back to your point about "Stilo's revenues and profits, though incredibly very small at the moment, continue to go down" well that because firstly a product change and the faze out of an old product, so that excepted.
just in case "The slight decrease in revenue was due primarily to a reduction in OmniMark software licence sales, which is expected to be offset by increased Migrate sales in the second half of 2014"
before you say anything the trading statement says "materially impacted by the shelving of a significant project by a major European customer" but ill refer you back to the half yearly report and the point "Recruitment of additional sales resource to help progress new business opportunities"
but if you want me to sum it up, they are still profitable, have no debt and a plan for the future, so as an investor i would rather have my money hear than say tesco, yes profitable, but no real plan and a decreasing market share.
keen to hear what you have to say.
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