ALC

4.69%

6.7¢ alcidion group limited

Thanks willchang - much appreciated. Always appreciative of...

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composer

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19/10/18

13:22

Post #: 36187607
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Originally posted by willchang409 ↑

Originally posted by composer
Hi willchang409

I am assuming that you attended one of the roadshow and hadspoken to Kate directly.

Any chance that you can give a short run down on the discussion and your general vibes towards her?

Thanks in advance.
Hi Composer, the investor brief I attended was generally for existing shareholders, there are 8 people attended including myself and most of them(if not everyone) are old faces which I believe I have seen them in the last investor brief. I didn't have the time to speak to Kate/Ray as I was basically taking lunch break off my work, but I am sure you will get chance to speak to them in the upcoming AGM. I believe their focus was on Melbourne presentation as they are trying to secure some institutional interests to overtake Bluesky's holding, as I note that WE Buchan and Kate are all headquartered in Melbourne so I am assuming they would have better connections over there rather than in Sydney. Apart from the above that I mentioned already, they have recently hired additional sales staff(2.5 staff in sales, 10 people in total) in UK and last quarter their focus was on cross training their staff which they said it has now completed. They hired a new group financial controller (starting next month) as the previous part time group accountant left the company and a new GM to manage the business in Adelaide. They have 6 staff permanently based in Canberra to look after ACT health project so they will save on employee transportation/accommodation costs, I remember another investor asked about next 6 months/12 months news-flow Kate didn't say much as these would be giving out insider information but she did say there are a lot in the pipeline.

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Thanks willchang - much appreciated. Always appreciative of feedback from those investor briefs as SA always misses out for obvious reasons.

I will also try to introduce myself to Kate and get some time with her at the upcoming AGM. However, I am aware that the schedule for that day is pretty tight so fingers crossed.

ALC Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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