IMS 0.00% 69.0¢ impelus limited

Some said at 30cents it is a risky business if something goes...

  1. 1,697 Posts.
    lightbulb Created with Sketch. 12
    Some said at 30cents it is a risky business if something goes wrong as it has. Saying it in hindsight is no help now.

    Just to summarise; The Aussie DCB business has gone backwards leading to a situation where burning cash on risky overseas DCB is no longer viable as the cash generated by aussie DCB can no longer fund expansion.

    The big question is; can DCB products can be profitable simply by discarding growth and advertising with a tight budget? If DCB cannot be run with a profit at least in Aust. then it never will imo. The only reason DCB should be burning cash is to rapidly expand the business. If DCB cannot be run as a proper, profitable business then we have been investing in a dream not a business.

    So if they can turn a small profit from the DCB while maintaining growth in other areas then MBE is a great investment as the only real casualty of the recent disaster will be revenue and growth. Conserving cash and paying down debt for 2 years is the key, then push again with big cap raise at 20cents if the SP recovers.
    Last edited by West Coast: 17/02/17
 
watchlist Created with Sketch. Add IMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.