ICQ 0.00% 53.0¢ icar asia limited

Just remember if you charge someone a fee to list and it doesn't...

  1. 46 Posts.
    Just remember if you charge someone a fee to list and it doesn't sell, word will get out real quick and you won't come back a second time. Check out Alexa.com. They are not making traction. Even if they start to make say $4million a year off current listings,' at a multiple of 25-30' they are already there. No upside. As for carsales having an influence at present, they aren't, the car sales director is the CFO and is only there to observe at present. The market is so different from Australia, cars sales don't have much to contribute at this stage and the trajectory they are on at present is all driven by Patrick. Sorry to burst your bubble guys. The money's already been made, 20 cents to 50 cents.
    Do the research, se Asians love looking at multiple sites rather than specialists, even the icar Asia presentations show this. Mudah.com.my may have less listings but check out their traffic, bounce Rates are low, they are really selling cars not just listing them. Sales win out in the end.
 
watchlist Created with Sketch. Add ICQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.