CXZ 0.00% 2.6¢ connexion mobility ltd

Earnings increasing & multiples expanding (Re-rate commencing), page-62

  1. 184 Posts.
    lightbulb Created with Sketch. 14
    I got in at 2.9, and will most likely top up if it drops a bit more. 2.7 didn't seem like a good enough drop for me to attempt to DCA down.

    I've done my own DD on this and looked and their yearly report and this is without a doubt undervalued right now. This company reported $470,000 net profit after tax last year and share price was around 2 cents. It reports 131% increase in revenue and a almost 600% Increase on that net profit and it's 2.7 cents? Not a chance in hell that is right lol.

    I'm not sure what happened today but it's allowed me to actually buy the dip.
 
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