AVA 3.85% 13.5¢ ava risk group limited

Ann: FY18 Market Guidance Update, page-3

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  1. 1,705 Posts.
    lightbulb Created with Sketch. 91
    They didn't just slightly miss forecast revenue projections, they're well out from the guidance barely 45 days ago. Some serious questions need to be asked of the way the company does its forecasts - glossing over it as timing delays just doesn't really cut it, particularly when FFT has a history of these sort of misses.

    Of course the general position of the company as noted in the announcement reads positively, but it's time they get on top of their forecasting and ability to close deals if they truly want to give the market any confidence that will bring in investors for the long run.

    Back to a hold for me

    Looks like some things never change ey @stardestr0yer
    Last edited by Nomadic_Investor: 25/06/18
 
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