McMillan Shakespeare Limited

ASX:MMS

McMillan Shakespeare Limited

ASX:MMS
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$14.40 (+1.9%)
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#234
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1
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5
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Bear77
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Last edited 5 years ago
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#COVID-19 Update
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Bear77
Last edited 5 years ago
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08-Apr-2020:  COVID-19 Further Market Update

A lot can happen in 3 weeks:  19-Mar-2020:  Market Update Arising from COVID-19

The company now has approximately 90% of employees working remotely and, with further enhancements to their digital platforms and telephony system being implemented shortly, will be moving to 100% remote capability in the coming days.  

MMS withdrew their earnings guidance for FY20 back on 19-Mar-2020 (link above) but now warns that, given the current uncertainty, they do not consider any earnings forecasts in analyst reports in relation to MMS to be reliable in the present circumstances.

That's a new one!