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CI1 General discussion, page-2855

  1. 2,989 Posts.
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    Hey good to see another poster on here. What is behind your predictions for the jump in revenues except general macro influences? It's quite difficult to know but one would of course assume some growth but anything under 50% in revenue as a whole might seem very underwhelming for many on here given the companies new income streams which should be seeing. When you say Ekbuy, do you mean HK BNPL Investments as a whole? Ekbuy is just the website and given the quality of the website and severe lack of products, it would be very surprising to see much money made there. It would certainly be good to see profit at Ekpay and it's a possibility given the possible resources sharing between the businesses. In my opinion, anything less then a predicted $20m revenue for the year would be extremely disappointing and will definitely need to see atleast a couple of mil profit. Any less then that would just mean everyone's concerns and disgust over Jims remumeration may have been warrented. How could the CEO go from circa $400k remuneration to circa $2.8 mil while we see a severe decrease in profits?

    DYOR. My opinion only.
 
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