CHL 3.25% $1.64 camplify holdings limited

It's basically a content/software business yet most of it's...

  1. 128 Posts.
    lightbulb Created with Sketch. 15
    It's basically a content/software business yet most of it's costs are fixed and margins are pretty average... Nothing in prospectus about cost-out, just expand, expand, and expand into markets where they trail competitors by a long way (basically every one outside of ANZ).

    Trouchet family clearly didn't learn with Apollo over the last few years. I expect the windfall from COVID-19 in the form of lower relative marketing will be swept away by the increased marketing required to get traction in other markets.



 
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