questions for martis, page-21

Moreid, agree ado is having a decent run on no news and buying here is not the same as having done so sub 10 or 20c.

That article though...

Statements like this :

" As Mix&Go is little more than a very clever glue that can be mixed up in someones backyard it will have high margins, let’s say 50 percent net margins. "

Backyard ?

"Lets say 50% percent" !! What, he just made that up !!!

Then goes onto make what seems like 'factual' statements that are based on his made up 50% !!

Eg "That gives Anteo a forward hopeful price to earnings multiple of 23.
While both those multiples are high, they are not outrageously so. Unfortunately there is a reasonable chance revenue and earnings will fall well short of those targets. And therein lies my concern. "

His concern ? About his calculations based on the made up 50%..

I would like an announcement to put solid figures under ado's market cap but IMO some points in that article are a bit questionable.