Reasons why I have picked NOV:
- Fingers in many pies (also a negative, as distractions and if not done well increase risk)
- Willingness to innovate
- Ability to play with the 'big boys' (Afterpay, Marqueta, Bank Licence etc)
- None of the market segments are big enough to express dominance (yet) but we have all seen how growth can suddently explode once at critical mass (also a negative, as may never get there - and always bumble along)
- Founder still involved
Why I am still buying:
- Majority of Exec team / GMs etc been there a while and come either from internal promotion or solid external pedigre
- Senior team continue to demonstrate a willingness to 'muck in' and get stuff done - rather that just managing
- Cheap relative to most metrics
- Reckon. Every share I buy is 80% NOV, 20% Reckon which lowers relatively risk a little.
- Reckon. Cashflow.
What I don't like:
- Emersion - Struggled to grow. Purchased by NOV. Still struggling to grow with more staff = cash burn. Offload it.
- ATX - (Lack of) messaging / detail on how the business is going, and have not executed on any of the identified growth areas (expansion into Vietnam, lending).
- Messaging re: cashflow, GTV etc moves around to put spotlight on flavour of the month area. Undermines confidence.
- CEO comes across as too nice, and am concerned that doesn't have the brutal edge to make the tough decisions (e.g. cut staff to become cashflow +ve, offload Emersion if failing business etc)
- Forums
- ASX - By Stock
- Novatti - The $1 party
Reasons why I have picked NOV:- Fingers in many pies (also a...
-
- There are more pages in this discussion • 289 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $13.87M |
Open | High | Low | Value | Volume |
3.7¢ | 3.9¢ | 3.6¢ | $24.59K | 649.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 128430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.038 |
1 | 7500 | 0.037 |
1 | 52150 | 0.036 |
2 | 500000 | 0.035 |
2 | 129411 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 128430 | 1 |
0.041 | 37318 | 3 |
0.042 | 35873 | 6 |
0.044 | 29233 | 2 |
0.045 | 25000 | 1 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |