Some of the best share price gains after the reporting season come from companies that appear poised to recover from poor performances in the past. Cellnet, a market-leading Australian and New Zealand distributor of information technology, telecommunications and audio visual related products, fits this profile.

Cellnet Group has a chequered history. Its mixed performances are not the issue - what has turned investors away is management's habit of surprising on the downside, rather than keeping investors informed of the company's progress.