AJX may become capital constrained as it ramps up production, page-20

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boc1986

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05/04/16

20:46

Post #: 17429787
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Originally posted by muppet655 ↑

Or a 20% miss if one takes the lower end. It's easy to miss targets when you have 4 or 5 companies in the early stages of their interaction, especially when the projected income is heavily loaded to the end of the reporting period, only one delaying a small amount and the numbers slip. The reality today (8 months from the end of the year) is that there are 25+ customers adopting AJX FR solutions, the company is confident enough already to state $18.5 million and that was before recent other customer/contract wins. It's one thing to imply that the company is fudging the numbers a small but believable amount to make the picture look rosier than it is, it's another to suggest that they can state a 30-60% margin and get it so wildly wrong that they end up with unsustainable cash burn. In fairness I don't think the company stated profit yet, I'd be more than happy with cashflow neutral (or approaching it) this year with ongoing/accelerating business growth - a well trodden path for lean, disruptive, technology orientated companies to take in the US.

You say you don't distrust management, you're clearly no white knight, and post on AJX threads prolifically so there must be a price or company event that you would trigger a buy for you?

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The much trumpeted $18.5M...is the expected value of contacts signed...NOT revenue for the year...These contacts can span years, hence the begging bowl...need to read between lines and be alert to facts IMO.
DYOR

AJX Price at posting: 71.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.8¢		Change -0.002(20.0%)		Mkt cap ! $12.61M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.8¢	$4.064K	458K

Buyers (Bids)

No.	Vol.	Price($)
7	2311563	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	133617	1

View Market Depth

No.	Vol.	Price($)
7	2311563	0.008
7	1215124	0.007
2	428000	0.006
1	400000	0.005
1	168888	0.004

Price($)	Vol.	No.
0.009	133617	1
0.010	155978	2
0.011	1000000	1
0.012	20000	1
0.013	346769	2

Last trade - 11.09am 25/02/2025 (20 minute delay)

AJX (ASX) Chart

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