I watched these guys present in Brisbane yesterday morning and think they have an amazing product set. Yes they spend money to make money but that's the tech environment. Based on the speed on how their tech can be updated and upgraded that aligns with the speed of the global tech environment, I'm holding.
Like others I was concerned with the constant share price decline and the upcoming 4C that will outline expenses as well as ARR growth but this presentation provided me with a level of conviction where I plan to hold for the next 12 months plus.
The presentation was also in the Brisbane Microsoft offices so go figure.
These guys could be huge and I feel they have a positive workplace culture that will allow them to strive and succeed in the coming years. I don't believe this stock to be another GSW or BIG where investors are screwed and the management walk away laughing.
My opinion only.
