agree, this is like buying crypto currency in 2017, with nothing backing it. Sure producing products, but all at no GP margins or questionable actual demand as nearly all the wheels are just 'options' and add on packs on mainly Ford Mustang GT500 and a couple of other manufacturers. this fact hasnt been pointed out by any analysts and what the expected takeup rate of such options will be.
as i type S&P500 futures have broken all time highs on the first day of 2020, so this will probably be an excuse to push this crypto like stock up tomorrow. It doesnt matter if it sells products, if its at no GP margin or questionable demand, might as well not produce any products at all.
- Forums
- ASX - By Stock
- CBR
- IPO - Carbon Revolution Limited
IPO - Carbon Revolution Limited, page-193
-
- There are more pages in this discussion • 162 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)