Lets go Alex! All engines go it seems..... but no hard figures.
It is a hopeful report with no quantitative direction in $ or %. Also the report is 'almost' contradictory. In one way this highlights that "the company is yet to see a turnaround in the USA market", and then goes on to reiterate the growth stabilisation, and positive cash-flow etc. in North America by June 23. More of the cloud having a silver lining narrative. Will we be profitable this year? Even with the cost-cuts - borderline it seems.
All in all though, at this EV, I am continuing to accumulate as I believe the technology is superior, and will gradually increase uptake in both industrial and medical globally. I am also happy with the continued progress on direct sales and commercialization of customer data. There is no doubt the world has changed due to COVID and PPE investment will continue for some time. Also I would not be surprised to see a takeover proposal soon.
Could very well be a 10-bagger in 5 years.
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