Yes it could fall more, but Please I am pretty sure every ounce...

First 151 Last

Share
Profile

Follow
Teringie

1,844 Posts.

345

20/08/16

07:37

Post #: 18563765
Share

Originally posted by wessomart ↑

Thanks to @asb83 and @TDA for some balanced and thoughtful posts. Some get carried away here in either direction.

I am waiting on news that this ship is turning around. Based on what Maureen said I am convinced the quarterly is going to show low revenue numbers and be received poorly. And that is what is particularly scary on this one at the moment. We're currently 8c above the original listing price with a potentially very poor quarterly to come. The presso that has been mentioned .. I hope it it's a good one that clearly elucidates the current inner machinations of the signing process. But even if it does I think the market will react poorly to low revenue numbers.

This is bound with the expectation that receipts would be realised by this quarter through a 4-6 month timeframe from booked contracts. Signs so far are that the company is about to fall short on this promise. If that is the case, we could see this go lower.

Silver lining (if there is one): I think it'll be hard pressed to fall below 20c. Company has attracted quality clients so far and now just needs to convert.

Looking for a re-entry if there's a wiff of this turning around at a later date. But until then I am on the sidelines. GLTAH

Expand

Yes it could fall more, but Please I am pretty sure every ounce of bad news has already been factored into the price. Short term, yes it may go a little lower medium or long term the stock could be anywhere, but it will be up.

Is the stock going belly up in the next 3 years ? No. Even if this recruitment software doesn't work how they hope, with the database they have do you think they could use it for something else in the next 3 years.

One good announcement or acquisition and share price doubles. Cash is king and no debt, so they will have plenty of time to rebound.

1PG Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Wednesday's HotCopper trends: DroneShield in Europe, Humm sale | June 25

ASX Market Close: Index flat as miners fall | June 25, 2025

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

DEL

Delorean to begin selling carbon offsets under regulation changes

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

First 151 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Yes it could fall more, but Please I am pretty sure every ounce...

Top Stories

Wednesday's HotCopper trends: DroneShield in Europe, Humm sale | June 25

ASX Market Close: Index flat as miners fall | June 25, 2025

Australia’s gas crisis is here – and dying coal plants aren’t helping

Delorean to begin selling carbon offsets under regulation changes

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News