Euroz raises its target price on Yojee, page-45

It has only just now come to my attention but late last month (28 January) Euroz released another update on Yojee. It raised its price target to 50 cents.

The main points in its note include:

"The company continued to make strong operational progress during the Q"

"We broadly remain pleased with the companies (sic) progress on rollouts during the Q in addition to receiving the Indonesia expansion order from an existing client."

"...we would have liked to have seen more QoQ growth in volumes and revenues..." but that "volumes were further impacted (particularly in the Philippines) by unprecedented weather events and COVID-19 lockdowns".

"....going forward we look towards significant transaction volume growth in coming quarters from recent and coming rollouts."

"The business remains well funded for growth, boasting a solid balance sheet."

"YOJs recent agreements show growing demand for the platform, securing agreements with three major global logistics companies who have $100 billion in combined revenues."

Time will tell. We just need to sit back and watch what eventuates. GLTAH and DYOR!