ICQ 0.00% 53.0¢ icar asia limited

The big difference and a problem for them to be cash flow...

  1. 46 Posts.
    The big difference and a problem for them to be cash flow positive is that no one is interested in paying anything to list. $33 like in Australia is a fortune when not many are being sold. It's one thing to list them, it's another to have them turning over from leads. Check out Alexa.com, carlist.my not making headway in terms of traffic and its eyeballs that ultimately drives profits.. As for carsales.com, they will be sitting back for some years and watching. Although do expect to see them selling their Autogate lead management system to carlist.my for a fee. Patrick Grove will have to wait sometime to get his wish to be bought out. No doubt he was expecting realestate.com.au to buy him out of IPP before now. The big problem for them is Mudah.com.my. Owned by Singapore Press Holdings a massive, over $4 billion media company. Mudah is killing carlist.my. Hard to become the dominate force when you are second into market.
 
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