KYK 0.00% 5.8¢ kyckr limited

Hi FP, thanks for your post. I do hope what you've mentioned...

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  1. 110 Posts.
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    Hi FP, thanks for your post. I do hope what you've mentioned does lead to a better performance.

    My concern is the lack of information around how they plan their business model to actually make a return. They are very skimp on detail and only use broad terms to describe the business.

    What I want them to do is explain why the 'step change' in revenue that was touted last year hasn't occurred. It's almost like they are brushing over it which is unacceptable.

    I want to know how they plan to monetise the enterprise deals and I want an explanation as to why we haven't seen any meaningful contribution. Instead of repeating the lines 'we're working with our customers' please tell us why there are delays.

    Good companies don't need to skirt on this. If there is a genuine explanation investors are smart enough to understand and maintain a long-term focus. I'm thrilled that the directors are well connected and buying shares (which was a token amount let's be frank) but I want to hear more detail around how the business plans to grow.

    I'm less concerned about the website as a revenue model as I think this will tick along just nicely but it isn't sustainable on its own. We need the enterprise deals to kick in for this business to actually work as it should. The delay in the website is plausible and happens, but this can also be put down to poor management and lack of a clear plan.

    Ultimately the share price itself will reflect the performance and honestly if what you're saying meant anything we wouldn't be in free fall.
 
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