TTT 2.56% 20.0¢ titomic limited

The fallacy that selling machines in the 3d World makes you...

  1. 23,347 Posts.
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    The fallacy that selling machines in the 3d World makes you great profits continues with this company .

    Its shareprice does not make sense when compared to the losses it makes every year .

    $17 m loss last year and $16 m loss this year .

    It also seems to have excessive corp costs.

    $6.9M in employee and director expenses, and $3.7 m in corporate and admin expenses against a revenue of $5.3 m .

    How many D523 machines do they need to sell to break even ? at sub $400 k a pop , it is a damn lot more than they are doing now.

    IMHO This is a lifestyle company burning cash on bloated management and dreams.

    IMHO Definitely not a buy .







 
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