Thank you for sharing your excellent analysis, it does have software that works and provides a win for customers, recurring support revenue will increase over time, as a strong hold investor it will over time get market recognition
Thanks John, one area that it was perhaps remiss of me not to address is the chance of a further downgrade to FY25 guidance. As another investor pointed out, the current guidance implies a very strong H2 so I think investors should brace for more disappointment in the near term. From a longer term perspective I don't think this changes anything other than maybe a further question over management if another downgrade does follow.
Rather depends on customer confidence to contract, good sales mgt should be able to close a compelling proposal. Mgt could be weak. Long term a good proposition
Thank you for sharing your excellent analysis, it does have software that works and provides a win for customers, recurring support revenue will increase over time, as a strong hold investor it will over time get market recognition
Thanks John, one area that it was perhaps remiss of me not to address is the chance of a further downgrade to FY25 guidance. As another investor pointed out, the current guidance implies a very strong H2 so I think investors should brace for more disappointment in the near term. From a longer term perspective I don't think this changes anything other than maybe a further question over management if another downgrade does follow.
Rather depends on customer confidence to contract, good sales mgt should be able to close a compelling proposal. Mgt could be weak. Long term a good proposition