E88 ensogo limited
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Morgans BUY Recommendation

  1. Jack_a_Hearts
    2,848 Posts.
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    14/09/15
    09:28
    Post #: 15985168
    Jonathon Feil, Morgans
    BUY RECOMMENDATIONS
    Ensogo (E88)


    Chart: Share price over the year
    The share price of Ensogo, formerly iBuy Group, has been savaged. The company provides e-commerce websites. In my view it shows similar characteristics to Amazon. Substantial cash has been required to build the platform and attract customers. Now the platform is in place, a lower cost base should lift profits. The history is worth a look. Shareholder Vipshop (NYSE:VIPS) is actively assisting with strategy.
    E88 Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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