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News: BIG Big Un says FY revenue from ordinary activities $14 million, page-158

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01/09/17

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Post #: 26915424
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Originally posted by toesen ↑

You think one sided only.

Big lost 4.2 million, the company claim it is, in fact, making 4.2 if it was not for the deferred revenue- so they say the 9 million deferred only have 600.000 in liability. I doubt that very much and it changes my view on the company, management, financials, and profitability.

If I decide to sell and my thinking proves to be wrong then I have let go of a share that probably will do very well. Extremely costly.

If I decide to hold and BIG is not actually as profitable as it seems people think --- then that is an equally big mistake since the SP eventually will plunge eventually and take ages to recover. There will be no warnings why I am using the time now to make up my own mind.

I disagree it is same for all shares - BIG is special because it is trading as a growth stock and the punishment or reward is way different than for a majority of shares.

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I think you need to sit on this for a few days before you make any costly decisions. Have a read of the report again and last years report. Last year we also had lots of deferred revenue and that wasn't an issue of us now.

BIG Price at posting: $1.34 Sentiment: Buy Disclosure: Held
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