@Surandy70, where my greatest returns have come from is picking stocks like ICI where fundamentals are improving that the market has ignored, & then when the market appreciates that the fundamentals are improving by waiting for the first data points to come in, & the upgrade cycle begins, i'm already riding that upside cycle fully loaded before every man & his dog has gotten in there:
to explain the above further, ICI's banked/confirmed average quarterly revenue has been only around $600k, but as of this quarter, with the LS acquisition complete, moving forward ICI should report a minimum of $4M quarterly revenue & likely a very healthy operational cashflow positive result:
so when ICI's growth is confirmed in announcements, MC should no longer be four times less than PLY's: this is because last quarter PLY already banked $3.474M revenue with a small $153,000 loss from operating activities; verse ICI's $0.735M revenue with a CFP+ result of $242,000.
within 6 months i'm predicting that ICI's MC will eclipse PLY's current MC because:
ICI's acquisition of LS will significantly enhance the financial position of iCandy by x4, because the combined entity will have multiple new revenue streams, which will provide further diversification & robustness going forward. for example, work-for-hire, the near triple-A Sky Candy game, the Gameconomy metaverse game, the Moonland metaverse game, Froyo Gamebox, & so much more will imminently contribute to new revenue, like the Web3 releases of Claw Stars, Masketeers, re-launching of CryptantCrab, & multiple other new games; an average of two per quarter!
so, @Surandy70, that is why i think PLY is rated so highly with four times greater MC than that of ICI, because they're currently where ICI is heading
--i was lazy with the first paragraph above; it's a copy/paste of a previous comment i made on another stock: https://hotcopper.com.au/threads/hlf-an-outlier-in-the-asx-f-b-landscape.6512292/page-14?post_id=58607358
who's excited!
(i don't personally hold iCandy, or any shares, but my family does; i recommended ICI to them)
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Mkt cap ! $30.93M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 183270 | 2.1¢ |
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Price($) | Vol. | No. |
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2.3¢ | 135595 | 3 |
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3 | 183270 | 0.021 |
5 | 240000 | 0.020 |
3 | 344049 | 0.019 |
2 | 143437 | 0.018 |
1 | 200000 | 0.017 |
Price($) | Vol. | No. |
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0.023 | 135595 | 3 |
0.024 | 504755 | 1 |
0.025 | 585449 | 2 |
0.026 | 10000 | 1 |
0.027 | 47000 | 1 |
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