ICQ
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0.00% 53.0¢ icar asia limited

Ann: iCar Asia Limited provides 2016 revenue and EBITDA guidance-ICQ.AX, page-11

  1. ThoughtfulB
    202 Posts.
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    08/08/16
    12:06
    Post #: 18467245
    Honestly I don't think breakeven should be the immediate goal here. Competition is fierce amongst these types of online web portal type businesses in SE Asia. iProperty managed to capture the market share required for dominance and ICQ is on their way to matching this. I just think a bit more investment (and yes, another capital raising) is needed to fully capitalise on their head start.
    ICQ Price at posting: 52.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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