Australia's largest stock trading and investment forum Australia's #1 stock forum

CTV

Click for more information

0.00%

0.8¢ colortv limited

Ann: EN1 Boards 5 New International Programmatic Customers, page-36

First 36 Last

Share
Profile

Follow
Plooto

2,963 Posts.

550

29/06/21

04:51

Post #: 54132755
Share

Originally posted by tealeafreader: ↑

No .... we are not in need of a miracle. We simply need some very bad decisions and some very bad luck to stop.

Okay .... our CEO has made some remarkable blunders, and he has not been kind to his shareholders, however he has certainly been trying to turn this ship around. One must remember that EN1 was free sailing in the first three months of the year before Covid hit. That was not an accident nor was it a miracle. Revenue was up and earnings before tax was positive. Rightly or wrongly, the share price has been pummelled by creditors selling shares or by our wonderful lender aggressively selling shares. Covid has not helped our growth/expansion either. Our share price has been decimated. The risk/reward ratio now definitely favours reward. This is not a punt on red or black. This is now an opportunity for those who are willing to appreciate reality.

Expand

"The risk/reward ratio now definitely favours reward..."
- Nov 2020, share price double what it is now.

Fast forward 7 months, and in your revised view the risk reward ratio " now" definitely favours reward.

EN1 Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
3 Upvote

1 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

What each US election outcome would mean for Australian companies & investors

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 1 more message in this thread...

First 36 Last

Add CTV (ASX) to my watchlist