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Ann: Preliminary Final Report, page-28

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Jimjamzzz

2,026 Posts.

174

02/09/19

16:54

Post #: 40279975
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Originally posted by Awoonga ↑

If the revenue can keep on increasing at the same rate as last year and running costs are kept under control then it all points to cash flow positive in 12 months time which backs up their forecast. A lot of variables though and nothing is 100% certain. SYT might even exceed expectations which would be a pleasant change.

Starting up another Zenvia type venture in the next 12 months is going to be constrained by the lack of funds or if we get funds, it will be at a big cost to us long term investors. SYT needs more funds to keep running let alone another business venture. Catch 22 as they say.

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You've been spruiking SYT reaching cash flow positive status every 3-4 months since the beginning of 2017.

Now they just need a casual 300% increase in earnings ... ?

Cant fault the optimism.

JJ out.

SYT Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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