Considering recent closures of retail stores, effective today, and lockdowns in Sydney & Melbourne, one would think that revenue will grow for the month of July.
Shoppers will be forced to price search and product search online, which they will find HT8 well positioned and price competitive.
In addition to this, with many schools closed, students are learning from home, and we can expect to see impact in this regard.
Offices are closed, so home office supplies will also be experiencing increased demand.
HT8 will benefit from this situation and I expect to see revenues to rise in July and August as a result.
Meanwhile, HT8 trades at a discount on the market.
Remember, this business is profitable, cashflow positive, and growing at a compounding greater than 10% revenue rate quarter on quarter.
Very solid business here, mostly undiscovered by the market. I remain to take advantage and accumulate what I can. When the market wakes up to HT8, savvy investors will benefit strongly in my opinion.
Not advice, just my opinion. DYOR.
$tockfella
HT8 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
