AXS axs group limited

IPO - AXS Group Limited, page-4

Currently unlisted. Proposed listing date: WITHDRAWN

First 4 Last

Share
Profile

Follow
Christos12

3,783 Posts.

331

22/10/18

11:51

Post #: 36208808
Share

Originally posted by MillerDisp: ↑

HiChristos12,

I’m one of the seed investors & and I don’t agreethat this IPO is “crazy” at all. In fact, I think given the level of technologybeing acquired, $3.5M is well priced. If you delve into it deeper, you willfind that the platform is currently well ahead of other systems in this space.Using AI, Robotics and having the ability to accept/integrate blockchain, AXSGroup is touting savings in the vicinity of 60% +, a reduction of human errorto zero and with seamless operations. They already have global momentum andstrong sales and with the new management team, I think it has huge potential. Ifanything, I believe they might be slightly undercapitalised for the rapidexpansion expected.

Expand

I would agree with you but I am looking at their previous inability to grow the company. I am sure you know much more about this company than I but I don't understand why they are IPOing other than to get a crazy high valuation. I hope I am wrong but there is no way in hell I would invest in this company at this valuation at this time.
On your advice I will eagerly watch and see the progress they make over the next year or so. If you are right, perhaps I will enter.

AXS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

Expert Exchange: Laretive's 4 key strategies to picking ASX winners

IRE

Iress Ltd leads top gainers intraday Friday as Blackstone buyout bid confirmed

Week 32 Wrap: Trump tariffs are finally here. Again. But will they even make a sound?

What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms

ASX Market Open: Trump's highest-in-a-century tariffs finally go live | Aug 8

VRX

Gov't thumbs up for VRX Silica's Arrowsmith North to get started

RBA's inflation trick: Is the number lying to us?

FMG

Fortescue has taken out a first-kind $3B loan from China. Why, exactly, is a good question

LKY

Locksley, Trigg, more: The 10 hot stocks HotCopper users watchlisted in Week 32

HotCopper Highlights Week 32: Lindian hints at gov't REE support; Boss Energy ire & more

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

IPO - AXS Group Limited, page-4

Top Stories

Expert Exchange: Laretive's 4 key strategies to picking ASX winners

Iress Ltd leads top gainers intraday Friday as Blackstone buyout bid confirmed

Week 32 Wrap: Trump tariffs are finally here. Again. But will they even make a sound?

What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms

ASX Market Open: Trump's highest-in-a-century tariffs finally go live | Aug 8

Gov't thumbs up for VRX Silica's Arrowsmith North to get started

RBA's inflation trick: Is the number lying to us?

Fortescue has taken out a first-kind $3B loan from China. Why, exactly, is a good question

Locksley, Trigg, more: The 10 hot stocks HotCopper users watchlisted in Week 32

HotCopper Highlights Week 32: Lindian hints at gov't REE support; Boss Energy ire & more

Featured News