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

KDY

Click for more information

0.00%

2.7¢ kaddy limited

replying to my original comment from July as it still holds...

First 902 Last

Share
Profile

Follow
KindredDJ

395 Posts.

162

12/10/20

17:16

Post #: 48033860
Share

Originally posted by KindredDJ: ↑

This product/service is so incredibly easy to understand and grasp the potential of.
For this reason, every piece of positive news we receive only increases the potential upside, drawing in new investors and detaching SP from suitable intrinsic value. This isn't a bad thing IMO, rather it highlights the company's wide appeal and holder confidence of future profitability.
All public companies must be valued on profitability/revenue of course, but its impossible to use this metric alone to value growth-based businesses.
I believe that these factors will contribute to a SP rocketing consistently without necessarily correlating with news/announcements.
The estimated trajectory of share prices I've read in here are grossly pessimistic IMO. I honestly would not be surprised if we hit 10c by year's end.
In layman terms, this business has so many upsides it sells itself.

Expand

replying to my original comment from July as it still holds true, back when SP was 2.9c.

10c by end of year easy.

DW8 Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
23 Upvote

0 Great analysis

Reply

First 902 Last

Add KDY (ASX) to my watchlist