DCC 7.14% 4.5¢ digitalx limited

We are operating cash-flow negative for the quarter and overall...

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    We are operating cash-flow negative for the quarter and overall for the year. Which is out of line with what Pattersons research report suggested (at least cash-neutrality quarter on quarter). It shows the management is not good at forecasting and tends to be over-optimistic.

    With the commercial launch of Airpocket pretty much "delayed" by a quarter, I expect the stock won't rally much, if at all. The cashflow negative position might even cause the SP to fall further next week.

    For me, the cashflow position if very dissappointing. Smells with further CR. However, my investment was based mainly on AirPocket and it's potential, so I am giving this stock another 4 quarters to prove it can be sustainably cash-flow positive - otherwise I will be out.
 
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