Australia's largest stock trading and investment forum Australia's #1 stock forum

WFL

Click for more information

0.00%

0.3¢ wellfully limited

How are you comparing OBJ with its unique relationships and...

First 96 Last

Share
Profile

Follow
Westhx

5,224 Posts.

2

24/05/17

17:18

Post #: 24889626
Share

Originally posted by Martin Gifford ↑

"how the market cannot see that is beyond me."

You and others are a bit too close to OBJ to be objective - no offence. I looked at the presso, and thought the numbers and timeframes were pathetic. Costs will go up with two new directors and maybe with bodyguard. Not cashflow positive until next year is really telling with the market cap around $100m. The new details confirmed that the whole thing has been totally over-rated. If you look at other stocks with say an 18 month outlook, and you will see there are plenty that are in a better position - higher revenue, faster growth, lower market cap. Their costs might be higher, but they are growing faster to make up for that.

Anyway, looks like OBJ got a reasonable close - someone was willing to pay extra in the auction to make it look good.

Expand

How are you comparing OBJ with its unique relationships and current growth phase to the "'plenty that are in a better position"? Reading the presentation, the transition from gradual to exponential growth is not guaranteed but it very much remains in play.

What criteria do you specifically use to conclude that "the new details confirmed that the whole thing has been totally over-rated".

OBJ Price at posting: 5.7¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 88 more messages in this thread...

First 96 Last

Add WFL (ASX) to my watchlist