I'm not sure CXZ fits your description of a business doing really well. They are clearly struggling with covid's effects, judging by the forward monthly subscription revenue guidance. New car sales are down in the US, and may well remain subdued for the forseeable future - that impacts CXZ's high margin subscription revenue.
I'm not negative on CXZ, and I think it goes a lot higher in the short term due to growing social media interest, big seller being exhausted and a tiny market cap. I might even buy some to flip, even though I wouldn't buy and hold. But this is not a play on long term growth - not until they can demonstrate the ability to secure new customers other than GM. At this stage, growth beyond 2019 levels is a speculative proposition at best.
- Forums
- ASX - By Stock
- CXZ
- Sustainable multi-baggers: The art of holding
Sustainable multi-baggers: The art of holding, page-66
-
-
- There are more pages in this discussion • 128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 494556 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 379792 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 404556 | 0.027 |
4 | 3265000 | 0.026 |
2 | 320000 | 0.025 |
2 | 238333 | 0.024 |
2 | 130238 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 379792 | 3 |
0.030 | 2109118 | 8 |
0.031 | 1084360 | 3 |
0.032 | 231430 | 1 |
0.034 | 29440 | 1 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
CXZ (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online