CNW 0.00% 6.1¢ cirrus networks holdings limited

N, to date Revenue has been good, but the price of a stock is...

  1. 2,997 Posts.
    lightbulb Created with Sketch. 125
    N, to date Revenue has been good, but the price of a stock is more dependant on it's earnings than revenue. 
    As the saying goes anyone can have great revenues selling new Ferraris for $100k, but your earnings will be negative.
    So far, as a rule, revenue great, earnings mediocre, to say the least. They need to turn earnings around. Economy of scale may help, but for me, as I said before, it's the services section that is starting to grow that got me interested. Together, of course, with some bigger contracts.
    Time will tell.

    kg
 
watchlist Created with Sketch. Add CNW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.