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55.5¢ mach7 technologies limited

Ann: Client Outlook Acquisition and Capital Raise Presentation, page-32

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Hingdog

23,515 Posts.

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10/06/20

20:26

Post #: 45145497
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Originally posted by Abdi70: ↑

Hi hingdog,

Does the market equate to brokers generating false hype? PME has been a stockbroker's worst nightmare, meanwhile M7T continues to be a dream come true.
I sold out of my PME holdings last year as it became too pricey, and have been considering M7T as an alternative. But I just can't see it.

PME ever only raised $2m of shareholder capital. M7T is almost at $50m and counting.
Since 2015, PME has grown revenues by 300% and profits by $20m (or ~650%). Meanwhile in the same time period, M7T, has grown revenue by 30% and losses have ballooned out further.
PME has only ever delivered on targets, meanwhile M7T was spruiked as on track to generate EBITDA/NPAT gains by FY2018 (but they're still losing, and losing by more every year).

It seems M7T's sales growth has come at the expense of margin, so is the company undercutting the market to deliver contract announcements?

Which brings us to the latest announcement, that of a major acquisition (albeit with a company that they've partnered with when tendering to hospitals, etc.). Is it to hide the poor financial performance of the company?

Expand

Their losses are growing? They are basically cash flow positive now.

M7T Price at posting: 79.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 55.5¢		Change 0.000(0.00%)		Mkt cap ! $133.8M

Open	High	Low	Value	Volume
54.5¢	55.5¢	53.5¢	$25.17K	46.17K

Buyers (Bids)

No.	Vol.	Price($)
3	32601	54.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.5¢	20182	1

View Market Depth

No.	Vol.	Price($)
3	32601	0.545
6	63459	0.530
2	3000	0.525
2	51000	0.520
2	15450	0.515

Price($)	Vol.	No.
0.555	20182	1
0.570	20901	1
0.575	33878	2
0.580	1000	1
0.595	21842	2

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