PBH 1.49% 68.0¢ pointsbet holdings limited

Pick the bottom, page-62

  1. 43 Posts.
    lightbulb Created with Sketch. 2
    based off my quick random analysis from knowing nothing about this company;

    if i had to pick the bottom id go with 0.88 area being the bottom (overtime)

    my off the top variables were,
    - its a betting company (not many long term investors willing to trust such a thing unless they themselves are gamblers lol)
    - its been bleeding cash every year trying to establish itself and gain marketshare also aligns with no dividends
    - competitive area that doesnt have good public connotations; 1 corner away from banning such things or adding a ton of regulations on top
    - unless its coming up with innovative ways to be different to its competitors, i just dont see incentive in placing money in such a company, its literally just trying to get as much reach and bank on house odds to profit/sponsorships

    also i cbf looking into the management side since i gotta go prep dinner enjoy my 10min analysis results :shrug:
 
watchlist Created with Sketch. Add PBH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.