HT8 - Primed For Growth, page-7

Great question @Roarlenny. Recent articles on HT8 through other media platforms really suggest that the business is evolving and sophisticating. January and February are typically a slower months for retailers after the expenditure of Xmas & Boxing Day and New Year festivities. The detail will be in March's revenues. I think March's revenues will give us a good indication of how things will continue to materialise.

My thoughts are this. This is a company that is nimble. It is a company that has seized an opportunity to partner alongside major ecommerce platforms, and has positioned itself for organic growth (thanks to its ranking and ratings on those marketplaces). The equation is simple. If Amazon/Ebay/Kogan/Catch grow, this company will too. And so it will.

Lots of eyes on this Qtr Revenue, and I think the market is expecting $9M, but will be surprised to see that PPE revenues are supplemented in abundance by rising CE/IT & Gaming revenues.

The big question is pace. I think this Qtr Revenues will eclipse $10M. Hopefully $11M, but confidently $10M. But its the next 3Qtrs that will be company defining. I expect strong growth, well into the $12.5M range for Q4. Total Year Revenue $42.5M.

Share Price will take care of itself as the business continues to deliver.

A few more things to note. I watch the ebay and amazon pages for Harris Tech. I am noticing some very expensive graphic cards and gaming products being sold. Seems like gaming is growing. But also can see total sales on ebay appears to be growing. And last but not least, appears that crypto miners are buying their gear from Harris too. Who else buys $3,000 graphic cards?

Good times ahead. Highly undervalued play here, at lower than peer PE Multiples and Valuations. Patience will be rewarded. I aim to do a deep dive analysis again soon and post it back on the GROWTH STORY thread.

GLTAH.