Ann: JCurve Solutions Business Update, page-5

I think the move to more 'sticky' Netsuite solutions is probably a good thing long term. The likely churn on small business (with the impact and scale of covid-19) is all too evident. Better option for longer term growth is on slightly larger companies who can hopefully weather this macro event.

Riyo has huge potential, and in my view, by itself could easily command a market cap of $9m. many another software company on the asx has a similar valuation with an inferior product and few customers. The Epicor deal de-risked this substantially. I'm still of the mind that if they like what they're dealing with they may look at trying to bring Riyo inhouse (they have a track record of doing so with other tech bolt-ons).

Been a shaky few months pretty much across the board, hence my lack of comments, happy to hunker down and wait out the storm. I'm confident JCS can weather this nicely and emerge and capitalise on new opportunities in a post Covid-19 world.

Just my thoughts, but in 24mths time, I'm going to predict that Riyo will make up the bulk of JCS's revenue +50% (with the tasty fatter margins) and we'll be trading a multiple that makes this 2-3c range look cheap as chips.

GLTA, Stay safe.


all IMO DYOR etc...