NEWS Broncos profit shot.

[Gaz]

No wonder Politis cashed in the majority of his shares.
At least it sounds as though we are on the right side of the ledger I suppose.

 

[Super Freak]

Still making a profit despite the effects of the pandemic.

This board are incompetent.

 

[Jedhead]

Well it looks like we're stuck a few years more with Pies as that profit margin would barely pay for a new strapper never mind a head coach.

 

[Waynesaurus]

Still a profit!............the thing is tho if we are going this bad you can imagine the majority of the other clubs must be seeing some really scary figures.

 

[Huge]

What's the share price?

 

[Bull Shark]

Well it looks like we're stuck a few years more with Pies as that profit margin would barely pay for a new strapper never mind a head coach.

a lot of the club's revenue streams will be re-open by then so the bottom line should look a lot different by the end of the next financial year

paying out the coach early will make a further short-term dent but if the right change is made, it'll be worth the hit.

 

[I bleed Maroon]

They still made money rather than lost it, who gives a shit.

 

[Gaz]

They still made money rather than lost it, who gives a shit.

Creditors mostly.

 

[Xzei]

What's the share price?

0.39

 

[Huge]

0.39

Cheers. I'll have to look at trading one day, another kind of TAB.

 

[Twbapony]

That is their ASX code?

 

[Dazza 92]

apparently they have close to 1 million social media followers the Broncos

NRLEconomist mentioned it a while agao i think...

Time to start monetising that potential revenue stream i reckon

Start putting a paywall up on exclusive news & fan comps & sponser special deals etc...

LOTS of money waiting to be taken by the club...

 

[Mustafur]

Tbh I'm surprised its not a huge loss, no 30k average attendence and probably a big drop in merch revenue yet still a profit.

 

[Old Mate]

Cheers. I'll have to look at trading one day, another kind of TAB.

Any idea how you go about getting them? Would be pretty funny to have some, wouldn’t wanna drop a heap of money on it though.

 

[Mister Wright]

Any idea how you go about getting them? Would be pretty funny to have some, wouldn’t wanna drop a heap of money on it though.

I buy shares through my super.

 

[Alec]

No Politis sounds good to me.

 

[The Strapper]

Well it looks like we're stuck a few years more with Pies as that profit margin would barely pay for a new strapper never mind a head coach.

Hey I would be happy to take 22k for six months work.

 

[Gaz]

No Politis sounds good to me.

Gotta admit he runs a pretty tight ship and not so sure I’d be unhappy if he helped our mob to get back on track. Anyways it was his money that left not him.