seems when determining the expected level of revenue to determine organic growth most people are just adding all annual revenues of acquisitions and divide them by 4, which doesnt make sense as revenue typically increases each quarter throughout the year.
q1 saw an increase of 78% qoq. assuming the remaining quarters are anywhere near close, let's assume 50% qoq increases we actually will be running at 150mil revenue for the year.
current concerns are certainly fair enough however considering to immense change the company has seen more than 1 quarter is needed to determine how effective the strategy has been.
i personally was expecting around 30mil revenue for q1 so while its disappointing it wasnt too far off hitting expectations and the coming quarters will be telling.
the current slide in sp i think is more due as sdaji says cs not being the flavor of the month, theres lots of stocks popping off at the moment and cash could be used better elsewhere. ive said previously i dont have time for trading in and out so ill just be trying to time and pick the bottom of this slump.
i remember being down 50% on a stock in may. since then i sold for 80% gain but if i still held i would have tripled my money now. just got to have some patience and let the sp do its thing and let the company keep ticking boxes
TNT Price at posting:
19.8¢ Sentiment: Hold Disclosure: Held