I’m not sure what you mean. In the last 12 months, the company continues to grow revenues, vans on platform, and hirers. Merged with biggest competitor in NZ, biggest platform in biggest RV country in Europe. Their profitability did suffer due to the insurance side but they said to have corrected this, and Paulcamper came with insurance broker which they can use to offer premium membership to European van owners. I know the share price suffered because people aren’t willing to pay as high a multiple for a growing company that’s not profitable which is fair but if you believe that this company will continue to grow and become profitable in time, you should just keep buying while everyone is “pessimistic”.
CHL Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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