Wow, some great and some not so great discussions last night! My personal summary views:
- Management's intentions to improve shareholder communications are honest, see conference calls, THM, website, phone calls – and, yes, also statements about cash flow expectations, EBITDA expectations, NRE expectations.
- Communication success control is missing. That is, management does not seem to track the effects of their communications. They are sending information on an outgoing channel, but the reverse channel is hampered like a VCSEL transceiver with a low-responsivity detector.
- "Disconnected from shareholder understanding" (Fairchij) hits the mark. Filling the gap is certainly an option, but it is possible only if there is something on the other side of the gap, i.e. some statements of the company needing explanation.