re: Ann: APK releases its Forecasts for FY 20...
APK: I'm sceptical of this one at the moment the revenue growth is amazing and customer numbers are too, but they just aren't pulling impressive profits yet but they try to make out it will be alright by saying "underlying" which just means nothing to me. They also use EBITDAF the F being "financial instruments" why can't they just use EBIT? At least the Appendix 4D and 4E which they have to lodge to ASIC gives an indication of the bottom line. Either way I'll be keeping an eye on this one to see when they get good profits and I'll consider jumping aboard then.
All my posts represent my personal views only.
APK Price at posting:
56.0¢ Sentiment: Hold Disclosure: Not Held