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

GSW

0.00%

29.0¢ getswift limited

100 bagger ?, page-241

First 241 Last

Share
Profile

Follow
MickySea

852 Posts.

150

28/09/17

09:29

Post #: 27508827
Share

Originally posted by Marvin_Mindreader ↑

@shaunmac - I hope you do realise it already has a market cap of over $400m (excluding any performance shares), and with the performance shares it is $500m. So a price of $20 puts it close to $4B in market cap.

They have done an amazing job getting it where it is, but I suspect people have lost track of fundamentals. There are numerous other companies offering similar services. There is even another ASX listed company doing the same thing that just won a contract with Fedex in South America (or someone like that). I can't remember who it is, and have no shares in either that one or GSW. Either way, there are plenty of companies offering a similar service/technology.

However I must admit, GSW has been signing up companies left, right and centre, so they must have something. Time will tell whether it converts into actual transactions and revenues and ultimately profits.

If GSW come out with an announcement in the next week or so with a big update or new contract, it appears fairly clear that there will have been a leak on it given today's trading.

Unless the Sep17 Quarterly comes out with massive revenue growth (e.g. IMHO well of $1m for the quarter) there is a very strong chance that the GSW price will come back down pretty quickly. A bit like 1Page, when people saw the actual results didn't support the actual valuation.

When this thread started, the market cap was $400m (including performance shares), but excluding all options. So let's be really clear - the starting post suggests that at a 100 bagger it will achieve a $40B market cap company. I'm not sure people are being realistic. Australia's most successful tech company is probably Atlassian - and it has a market cap of US$7.8B. FedEx has a market cap of US$59B. And people are suggesting that GSW are going to be 5x Atlassian...

Regards
Marv

Expand

I don't think anyone is suggesting this will be worth $40B market cap. If they do, I'll sell them my shares right now for $10 a piece.

The poster in question got in around 35c as I understand it. Even then, a 100-bagger from that point would indicate a market cap of over $5B. In the realm of possibility - yes. Probability - No.

I'm sure they'd be happy with a 20, 30, 50-bagger however.

Still, wise words Marv, I'd much rather read a reasoned perspective than a unreasonable one - it's good to be optimistic, but not delusional!

GSW Price at posting: $2.65 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

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

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

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

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