KADDY LIMITED (ASX:KDY) - DW8 Growth, 62922450, page-15381 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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143

04/08/22

13:30

Post #: 62922450
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Originally posted by James7821: ↑

I did, I even wrote about it here, and no one replied to me about it. Everyone had their rose coloured glasses on.

The quotes from people about "hanging in there" and staying for the long haul to ultimately make a good return need to understand this:

There are two kinds of challenging businesses to invest in:
1. Businesses that have a great financial model but constantly set back by minor issues
2. Businesses that have a lousy model, but are dangling a carrot of big milestones right around the corner

Only one of these is the type you want to put in the bottom drawer, the other, in the bin.

It's up to you whether you want to face the music and make the call which category DW8 falls under. I did.

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DW8 Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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