QUOTE(pokemon @ Jun 27 2024, 02:20 PM)
Of course won't close shop if there is enough cashflow to operate.
But the cashflow health is not that good compared with previous Q too.
Q1 FY24 got dividend paid and Q1 FY25 cannot afford to pay dividend now.
The statement issued by assthrow is they are committed to do this and that..
Doesn't it sound like a doctor who is committed to a dying patient in ICU? The doctor is also committed to try his best..
Haha.. of course on PR front and investor front the management and the CEO need to say this and that lo..But the cashflow health is not that good compared with previous Q too.
Q1 FY24 got dividend paid and Q1 FY25 cannot afford to pay dividend now.
The statement issued by assthrow is they are committed to do this and that..
Doesn't it sound like a doctor who is committed to a dying patient in ICU? The doctor is also committed to try his best..
But deep down we all know that it is a sunset industry currently and it is just good enough for them to survive...
I no longer believe the published statement by this company heads... the direction or what they plan to offer, provide maybe can follow, but the financial projection, their commitment, efforts they willing to put in, just take it with a grain of salt.
Jun 27 2024, 03:39 PM

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