CAT 4.39% $1.96 catapult group international ltd

The biggest problem that Catapult has now is that it's so...

  1. 3,698 Posts.
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    The biggest problem that Catapult has now is that it's so reliant on USA and Europe to deliver. This is good during good times. However, looking at what Covid is doing to Europe and USA in terms of escalating and sky-rocketing cases, it doesn't bode too well for the economy there and hence, all the new potential clients are running out of money. The Middle East clients are also running out of money due to oil price crash. When your customers are poor, it's very hard for you to be rich, unless you're selling bare necessities..
 
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