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Morning Traders 13/02/2020, page-284

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sawit

426 Posts.

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13/02/20

12:22

Post #: 42909973
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Originally posted by demoniaco: ↑

There's a big difference when a company isn't making money but they have a lot of speculation around what could, should or might be; then there's a company that is barely in profit, but it's very clear what product they're delivering, to who, and how much and how often.

Not sure what kind of speculation is left for UCM, but it all appears to be on the table as of the last announcement, +121% manufacturing. $380k is now ~$830k, assuming they even manage to sell everything they manufacture.

For ZNO as you rightfully said, it's financial are equally poor, but they just locked in an agreement to have exclusivity with every hotel and childcare in the country. Even if the financials are poor right now, there's at least some speculation that it can go further and earn more money soon. Even I sold out of ZNO today on the assumption that it's close to the top.

All IMO of course.

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I find all penny stocks have poor finance aren't we just trading on potential and news here?
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