DUB 2.70% 3.6¢ dubber corporation limited

Ann: FY20 Results Commentary, page-18

  1. 112 Posts.
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    I agree with your philosophy on MP1. I meant to say in my previous post that not every company needs to be profitable. In fact most on ASX are not. But they need to tell a story of growth, management and potential. What I was looking at with DUB (and I am no longer a shareholder) is on its own i couldn't make sense of the numbers - they didn't seem right. Something was being held back. Then you suggested that I look at MP1, which I did, and the comparison is indisputable. MP1 is showing scale and operational leverage. DUB is blwoing out on expenses and especially wages. Moreover they are not collecting their revenue. Their receipts were 42% of their revenue... for the year.

    Something is wrong
 
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