NOV 3.85% 5.0¢ novatti group limited

Ann: RKN: Reckon and Novatti - Payment Solutions, page-48

  1. 854 Posts.
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    Let them be.

    I have mentioned before that it makes no sense that people are so nice to give you a "warning" to sell because I would rather see you burn than to see you flourish (human nature).

    Profitability in 3 to 7 years? Yeah maybe judging my their cashburn + revenue at this point of time. They never account for the revenue growth and no growth company will ever make money judging by that logic.

    Even if it's becoming profitable in 3 years, so what? It can be a profitable company with a EBITA of $1 now, vs. a profitable company with a EBITA of millions down the track. These people can easily find a company on ASX that is making less than the convenient store around the corner, and tell you that it is better than NOV.

    Also, NOV have recently updated their website and it is looking more coherent and professional. Go take a look !


 
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