TCN 0.00% 3.8¢ techniche limited.

guidance, page-45

  1. 1,817 Posts.
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    I think you guys expect far too much from small companies that don't have anywhere near the management support the big boys do.

    Re the wrong doc being submitted to the asx, okay let's take out the PA and stone her to death for sending the wrong version - hoping management have learned from it - of course they have, they dont do this stuff wrong o purpose. Re profits first half vs second half and one off projects. Who knows what situation they are in re one off projects, expecting ongoing renewals etc that may lead to more of it. At the end of the day they took an extra week to qualify what their outlook is for this six months as often when you are a small player then you are waiting to see if things get signed off or not. Also you only control 50% of stat seeker so have those separate boardmeetings to wait for.

    Me - I still rate the people, I still rate the companies and now you just decide can't handle a company that have lumpy revenue and profits and If you can't they go back and buy telstra.

    With three companies they should become less lumpy and their venture capital partner would not have bought into ss without an exit plan already devised (poss could be to the sell the whole thing to us in a couple years at a higher $)

    Ps the director buying a few months back at 6.7 would have known that the revenues where project based and lumpy.

 
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