RE:RE:RE:RE:End Dec 2019 vs End Dec 2022Transperance wrote: biorun,
1 You stated that "Linda Pullen said it was a solid agreement for Sirona."
This is not accurate.
Linda Pullan stated “Allergan Aesthetics’ global presence in the aesthetic space and goal to further enhance aesthetic medicine combined with Sirona’s disruptive technology made this all possible”.
Whether the agreement is solid or not was not commented.
2 You stated that "The CEO then said that this agreement will make Sirona profitable. Anyone that can read a financial statement can figure out what that means, at minimum. There is your financial forecast."
A CEO statement without figures is not a financial forecast. The basic problem with this company is that you cannot do any forcast and you cannot do a due diligence since no figures are provided.
Agree. The word "solid" is as meaningful as the term "soon", which Sirona likes to use very much and excessively.
As well, the company can become "profitable" with a profit of 1 Mio.$ , but also with 1 $. So to state that they become profitable says nothing. Unfortunately, however, management does not tell us what of these both "profitable" they are referring to
figures, figures and once again figures. That's the only solution