tsm had high expectation numbers dont add up.

Originally expected A$7.4m profit, then downgrade less $0.5m Loss for exit Spain, Italy.
Warranty loss indicated impact $1.2m 9 mths so full year closer to $1.5m on lost earnings,
What happens when Dick Smith warranty expires in the next year or so, they are closing stores, so they will be looking to exit or obtain more favourable terms, so will further impact TSM earnings if they are lucky to hold on.

Latest dodgy figure $1m impairment on funding....??????

They are telling us ($2m LOSS)for 1st 6 months.

If you dig deep, the rental business is struggling in Aust, Fido tougher to launch and large Jeweller decided not to proceed with Fido and opted for alternatives...

I have tested Fido and cannot work out how they will make money on this...(Management should provide details)
TSM has placed high expectation on Fido which may be a lot of hot air...

What is their cash balance sheet??? they look like getting into debt and more expenses on start ups in a very challenging environment...and have been increasing directors and cash burning more investors funds.

Nice bounce on Friday, which is usual after a big fall, day traders jump in for a quick trade.
Expect day traders to jump off quickly this week.

Good to see director buying stock on dip, but should not have mislead us on a dodgy SPP for those who participated at .35 cents....

Too many question marks on this one, dead cat bounce and considering my holdings on this company....Management cannot be trusted and company does not look secure to me, next downgrade may have the phrase as a going concern if situation does not improve.