I haven’t made any claims - outrageous or otherwise.If you are...

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Techmeister

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25/10/23

15:16

Post #: 70532153
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Originally posted by davo128: ↑

he makes outrageous claims all.the time.....

No evidence CCR going to get to 50M next 3 Q. Where that figure coming from?

As for the valuation it's less to do with the revenue its more to do with the market lost of trust in the last few years which has lead to a low valuation. They should be 3-4 times revenue. tracking less than 2.5

This should be 130-150 Market cap minimum but they just need to show growth it should turn

They appear to be putting the hard yards in now, if they can show a year or so of solid growth. I think you find more money flowa back in. Small Caps ontop of that can't stay unloved forveer.

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I haven’t made any claims - outrageous or otherwise.
If you are referring to my belief that CCR can make $50 mill in this FY - that is based entirely on what they have claimed - ie $22 mill in potential new revenue won since Jan 2022

I’m terms of comparing CCR to AD8 - I was simply pointing out another company’s multiples given similar revenues. and I certainly wasn’t suggesting CCR could match AD8.
Merely asking what we think CCR could be valued at if $70 was reached!

Multiples are often driven by formulas that crossover to different companies - we don’t generate a unique formula for every company!!!!

My main contention is that CCR has one of the best small cap companies on the ASX - with the worst share price.

And I wonder if they have positioned their story effectively. Have they set out their stall as well as AD8 for example?

I only comment on here to try to reconcile that.

CCR Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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