yawns... the CEO has reaffirmed guidance for revenue.. i dont...

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Bluejacket281

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26/07/18

19:13

Post #: 34582126
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Originally posted by Flying Gurnard ↑

Just to be clear Im not a stuck in the mud value person. I am more than prepared to pay high multiples for high growth companies that have shown they can grow strongly and continue to have a large addressable market and real and significant growth runway. Of course even with those type of opportunities there is always a price/multiple where the risk/reward profile becomes challenged. The comparison to Amazon is, in my view, specious at best. UPD has been around since 2010. Its has been developing its "relotech" platform and suite of products since. Thats 8 years of development and opportunity to monetize. Its also not rocket science. Its a platform that connects movers and business that supply to movers and attempts to earn revenue via facilitating transactions between the two (either directly or indirectly). If the market opportunity was so huge and the product suite so amazing, such to facilitate the sort of growth that analysts are projecting from this point on, surely this would have shown up in revenues and cash-flows far, far earlier than the second half of CY 2018. Its hasn't shown any material revenue until the last quarter and thats following an acquisition completed late last year. Surprisingly (or not) in the Q1 result the company did a poor job of enlightening the market as to whether that revenue was organic or contributed via the acquisition. Like I said maybe I am wrong. Maybe from here on in the company grows revenues like rabbits on viagra would produce their progeny. But, given the efforts to date, am I prepared to pay for the current blue sky scenario, as priced by the current market cap. No.

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yawns... the CEO has reaffirmed guidance for revenue.. i dont see what the undue concern is related to

UPD Price at posting: $1.21 Sentiment: Buy Disclosure: Held
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0 Great analysis

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