OCL 1.15% $17.52 objective corporation limited

Ann: FY2018 Investor Presentation, page-4

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  1. 299 Posts.
    lightbulb Created with Sketch. 59
    "As a tech company I would also expect them to talk about how they are re-inventing their technology, they don't seem to do that, they also don't seem to address why they didn't meet targets this year and how they will ensure this happens in future."

    You don't reinvent the wheel, but you can make a better tyre.
    This is not an explosive tech stock. You shouldn't think of it as an ACX or an APT or whatever. They are focused on profitability and growth.

    They didn't meet the target because of a one-off issue related to the head-contract, about which they had no control. They've already indicated that they don't think payment is an issue. We should see it appear as a bumper revenue boost sometime in the (imo near) future.
 
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$17.52
Change
0.200(1.15%)
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