DCC 5.66% 5.6¢ digitalx limited

Ann: March 2016 Quarterly Report - Appendix 4C-DCC.AX, page-24

  1. 1,326 Posts.
    @believe101 - I don't get the Titanic shares reference?

    I've been on HotCopper for many, many years now and I've seen the same types of posters (as yourself) year in and year out. You'll continually talk up a company without even considering that your investment might go south. Take a visit to the IBG thread as one primary example.

    I'm the first to admit that I've done a 180 with regard to the way I view the app. Initially, I didn't think it's promoted use of people being AirAgents was going to be very appealing but when they announced it would be used in conjunction with more brick and mortar establishments (or telcos) I changed my tune.

    HOWEVER, the ASX is full of shady companies that talk up their product/service/resource knowing full well they are misleading their shareholders. I've noticed a dramatic shift in the language of the reports recently from being super bullish about new regions and partnerships to now everything is hinging on the telco and mobile payments company.

    I mean how long has DigitalXDirect been online now and they still haven't invested in upgrading the website yet? I'm not surprised it's not bringing in more money because when you land on the website it looks like any other lead collecting website.

    What have we heard about those three partners? Jorge what's his face from Cable and Wireless? Not a peep about those guys for months and months.

    I'm still holding but like someone else said recently unless they get the App integrated by the end of June as they have stated AND start making actually money from the App by the end of the year this probably isn't a stock I'll be sticking around to see crash and burn and continually ask for money from it's shareholders to pay the bills.
    Last edited by Dynamo77: 30/04/16
 
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