Australia's largest stock trading and investment forum Australia's #1 stock forum

ECG

Click for more information

0.00%

2.6¢ ecargo holdings limited

Better Feedback Needed, page-3

First 3 Last

Share
Profile

Follow
Crazy-Trader

3,832 Posts.

87

30/04/16

17:18

Post #: 17642305
Share

Originally posted by wisecracker ↑

Let me say at the start that I have every confidence in this company's future.
However, the directors of ECargo are very good at giving sweeping generalized statements, which are usually out of date, and irrelevant for decision making. The "Outlook" aspect is always conveniently ignored which means there are no bench marks to judge their performance.

From my analysis, a cash break-even point was supposed to be achieved in the March quarter of 2016. A profit was expected in the June quarter of 2016. We seem to be still some quite a distance away from achieving these results.

Also, as an ASX company, it would seem appropriate to provide reports, in full, in Australian dollars, to assist clearer comprehension of the figures.

At present, I am frustrated by the information time gap of data available to directors, and when it is conveyed to shareholders.

Am I the only one who feels this way?

Expand

The revenue from the march quarter is slightly better than the december quarter. Woolworth contract means jack sheet.

They work on gross profits. So weird.

They have too much inter-related companies bleeding ECG.

ECG Price at posting: 26.5¢ Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Bitcoin jumps 8% to beat record on Trump vote optimism

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 10 more messages in this thread...

First 3 Last

Add ECG (ASX) to my watchlist