Worthington Share Discussion Threads

[dudishes] 27/2/2019 01:33

Shades or underhand dealing, or should I say Shady, a windup for some peeps, a CON in fact, I suggest the later. Darren, sue me!

[arthur_lame_stocks] 26/2/2019 15:10

It's interesting that they say they are still looking at a dual listing on another exchange. Surely they'll have to get their balance sheet looking a bit more honest before any reputable exchange is going to let them on.

[andy] 26/2/2019 14:23

KNIGEL,



Agreed, those figures are pretty awful, it's a good job they have those valuable investments in other companies to bolster their balance sheet isn't it?

[knigel] 26/2/2019 13:37

..but it will be better in the second half.. (can't be much worse)

[andy] 26/2/2019 10:34

"The modest decline in the first six months was largely due to product regulatory challenges in Sri Lanka"


Sri Lanka? Are they really so dependent on that market?


I guess the interpretation of a "modest decline" is entirely subjective!

[davidkip] 26/2/2019 10:30

RAP's revenue has fallen off a cliff.

2018 full year: "The company closed FY 2018 with £2.4mil in revenue, an increase of 25 percent from the previous year and with a profit before tax of £1.07mil"




And now today: "...a trading update for the six months ended 31 December, 2018. The company generated revenue of £0.436m (AUD$781,000) in the period under review."

No mention of profit this time, you'll notice. Revenue has fallen by two thirds (adjusting for different period lengths). Eeek.

I guess that explains why RAP had to hand the begging bowl about again with the most recent CLNs.

[roydyor] 26/2/2019 10:15

RAP six monthly update, very poor figures but sweet words.