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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > For me it's all uphill from here.
View:
Post by Aiking on Jan 03, 2024 8:39am

For me it's all uphill from here.

I am optimistic for DM in 2024.
I just see it this way:
DM is trading at the same price we had between 2019 and 2020.
At that time, DM was in a very, very bad financial situation. For example, DM had horrendous debts from the Ronin misery. DM also had no relevant assets.
Today DM still has much less debt and relevant assets.
On the one hand, DM has the clinics, on the other hand, DM has a finished Ai product. DM has also established many new health contacts in the wake of the Corona pandemic.
And even if some criticize that the Ai sales are too low - which I also see it as - I say: There are Ai sales!
If DM reduces its costs and increases sales only slightly in 2024, then DM will definitely be in a better position at the end of 2024 than it is today.
For me it's all uphill from here.
With this in mind, I wish all DM investors a successful year 2024!
Comment by swyint123888 on Jan 03, 2024 8:50am
According to the Q3 report Ronin isn't done with....not sure what park will do about it. What a mess marshy created.  As at Sept 30 2023 and Dec 31 2022 claims against the company from the remaining Ronin vendors amounted to a balance of 1,875,000 which is included in provisions....believe its note 13
Comment by Aiking on Jan 03, 2024 10:54am
You're right, but I didn't say the Ronin issue is over. DM had - as far as I remember - a double digit Ronin debt. Today it's a single digit debt. To me, overall, it just means, DM is today in a better position than four years ago, although DM trades at the same shareprice.
Comment by rollthedice10 on Jan 03, 2024 1:31pm
I think DM is far from being down and out. A change in leadership can make all the difference. Let's face it.. DM has the skills, products and experience to move forward big time. Mr Park will need to take DM in a different direction and/or change strategies as it is clear that what DM was doing was just not working with the exception possibly of the health vertical. New driver, new direction? ...more  
Comment by Rabiger1289 on Jan 03, 2024 2:39pm
they only have about 280 thousand more shares, that might do it
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