KTG 0.00% 14.5¢ k-tig limited

A lot of blue sky there but no actual evidence that they have...

  1. 201 Posts.
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    A lot of blue sky there but no actual evidence that they have the capability to achieve these results yet, but the market is pricing a fair amount of success at the moment. Not saying they won't but lets see them achieve 40 units first giving them just $2.7m in revenue. I just think its way too expensive, but that is my opinion.

    To give you a comparison SCL, which provides a placement platform for the International School Recruitment market has recurring revenues of $4.5m disrupting an existing placement market of $2 Billion and growing revenues at over 50% and has a market cap of around $20m. They also have a leading market position and are already break even with other add on products scaling revenues further. By comparison KTG just seems excessively over valued and SCL undervalued. I know they are totally different industries but just comparing recurring revenue models.
 
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