ICQ 0.00% 29.5¢ icar asia limited

I still can't get my head around this one and why can't they...

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  1. 2,597 Posts.
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    I still can't get my head around this one and why can't they deliver a consistent set of metrics in a simple table for the group and then every market they operate in and communicate performance clearly to the market? Probably because they don't really want you to understand where things aren't working i guess..... 


    I can't make sense of this one....

    ICar Asia listings down 7%

    Malaysia listings down 2%

    Thailand listings up 14%

    Indonesia listings up 5%


    Lead generation was also down 7% across the group, but they only report that it was up 36% in Malaysia and stayed silent on this in Thailand and Indonesia. Audiences are also mentioned, but I couldn't be bothered by that point.


    No doubt there will be plenty of performance shares for Directors and Management for this performance based on their historical approach to rewarding themselves over shareholders. 


    A quick look at the 5 year chart is a good illustration of how well they have been going at creating wealth for shareholders over the last few years.....in a bull market as well!!


    https://hotcopper.com.au/data/attachments/1405/1405145-45936bfc0ff897198f28c97f38b0cdb5.jpg


    I like classifieds stocks, but I still can't come around to investing in ICQ. 

 
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Currently unlisted public company.

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