AJX 9.09% 1.2¢ alexium international group limited

TA discussion, page-5461

  1. 414 Posts.
    lightbulb Created with Sketch. 142
    Its not funny at all. I clearly said topline growth was a very poor strategy and out of necessity AJX has gone the way of margin. Surprise surprise......

    While the rampers got into a frenzy over revenue growth, the company itself poured through 10's of millions only to find it wasn't sustainable. Now we have a situation where growth is still "strong"(aka reducing) they are now chasing margin. Now the company is in a position where these so called margins will have to live up to a $150m market cap. Obviously still a LOT of success built into that price.

    Have you noticed the average monthly recurring revenue talk has ceased? Have you wondered why? Now likewise the once touted "oh golly gosh, look at the increasing cash outflows, must be lots of growing revenue" talk. We now have a rapidly decrease and thats "golly gosh, profits must be huge"

    But wait, AJX have just announced they are EXPANDING working capital faculty to support sales growth(better known as paying bills). All the talk of no CR was needed but AGAIN AJX go further into increasing DEBT despite being so called cash flow positive last month.

    Now I'm meant to be the barometer on bottoms.......isn't AJX bottomed every day? I've read the residents daily chart

    Oh and Ozlodger.......welcome and ignore the children. If you need that spanking.......call Jasmin
    Last edited by Jasmin: 01/08/17
 
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