OLV otherlevels holdings limited

I see from your comments that you're a half glass empty kind of...

  1. 124 Posts.
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    I see from your comments that you're a half glass empty kind of person - did you buy in to the over-hyped IPO ?

    Do NOT kid yourself this is a 'listed VC' profile risk investment and is par for the course here in Australia where we don't have the depth of the unlisted VC market as exists in the US.

    Yes these guys made some rookie errors since IPO (biggest one was their bloated cost base and some poor executive hiring decisions) but these have been largely addressed and it now appears that OLV is on track and well poised for a major value inflection/re-rate. Remember the cash burn is $1m+ less than Q1 FY17 and is seasonally OLV's weakest quarter.

    With sales "approaching $1m" in October alone and momentum for substantially increased deal size for new customers I imagine you can expect Q2 to come in strongly and OLV then being able to provide clear guidance as to the approaching 'tipping point' of delivering cash flow positive from operations in the 2nd half. This milestone = $0.08 to $0.10 a share based upon TSOI of 224m.

    Watch out for significant up-sell to existing clients with Amplero AI (an amazing product offering) in the UK and EMEA and also appreciate that the Salesforce marketing cloud integration plug-in will shorten lead customer conversion time frames.

    IMHO OLV remains the best priced growth play in the world (particularly in USD terms) in this very attractive space.

    Don't throw the baby out with the bath water because you went too early and paid too much at IPO or shortly thereafter.
 
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