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Riwi Corp V.RIWI

Alternate Symbol(s):  RWCRF

RIWI Corp. is a market research platform and global trend-tracking and prediction company. The Company offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries without collecting any personally identifiable data. Its cloud-based software solutions provide a global digital intelligence platform for clients seeking real-time consumer and citizen sentiment data anywhere in the world to improve business performance, evaluate program effectiveness, enhance customer engagement, and to monitor and reduce emerging threats and violent conflict. Its RIWI platform allows to perform message testing and conduct marketing campaigns that reach people online who are not engaged by traditional digital marketing campaigns. Its customers are leveraging RIWI in a DaaS model as it builds out its global database of information and develops more long-term subscription-based trackers. It also offers a survey monetization platform.


TSXV:RIWI - Post by User

Bullboard Posts
Comment by Bullishbear13on Jun 14, 2019 3:20pm
155 Views
Post# 29827428

RE:overvalued?

RE:overvalued?When they excused the government shutdown for several days slowed down on their revenue, it starts to stink.

Their Q2 2018 revenue was $685,000 whereas their 2019 Q1 revenue was $673,000. Next quarter will be compared to Q2 2018 revenue of $685,000.

RIWI showed good progress but don't forget that next quarter results will be compared to $684,000 not $250,000- $300,000 where they could say revenue growth over 100% maybe justifying their extremely high valuation of 35-45 times projected cash flow.

Their stock went up many hundred % because of their revenue growth was explosive at 100% last several quarters but that will likely stop and growth rate will come to near 0 or even drop if the revenue stays around $673K.

When the growth slows or drops, this stock's many hundred % gains will dissapear in a week. I can see 25-40% drop making the stock to be traded at $1.6- $2.1.

Take profit or wait for the right moment.





Bullboard Posts