Well I got slated for saying it previously but I still have no trust with this mgt. at all and, still believe that relative to the rest of industry they are highly or over paid.
We do not know why the FD got sacked - let's just hope its not because he made some silly mistakes capitalising costs that should have been expensed (got his tax sums wrong etc.) and all the future sums re margin (quoted as ridiculously high as 45% plus - on here previously?!) etc were wrong and led the mgt. to overstate profitability horizons!!
I am led to believe by the general feeling on here - that profitability should be virtually guaranteed in the last half - but mgt. did not want to promise this - as have been accused of over promising in the past?
So now that time arrives - let's see the numbers!!
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