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Argo Corp V.ARGH

Alternate Symbol(s):  ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates custom software with vehicular hardware to create a network of intelligently routed vehicles that work together to serve and scale real-time to the needs of entire cities. The Company’s mobile application delivers on-demand, door-to-door service that is fully integrated with existing transit lines and systems. The Company partners with cities, transit agencies, and governments to increase ridership to existing public transit systems and put people in control of their mobility.


TSXV:ARGH - Post by User

Comment by humanist945on Feb 17, 2021 11:16am
94 Views
Post# 32584494

RE:RE:RE:RE:Facedrive valuation

RE:RE:RE:RE:Facedrive valuation

I think that's all very true on return to work and germs, I'm just not sure that will matter enough to justify the expectations / price of the shares at $4b. It's food service business, which should be booming did $1,900 last quarter (and how much of that was actually third-party?), and it's Covid related stuff isn't really doing much other than making press releases... and both of those will lose the pandemic tailwinds once it's over. 


the shares could have another mini run as approach March and management ups the stock promotional spending and press releases... once they are forced to actually release some financial and operating results for year-end, if food even goes from $1,900 to $20,000 they'll say 'food is up over 10x' in the headline commentary, so who knows, it seems like people are just reading the headlines and not looking under the hood of this thing, so maybe that works for a bit too... 

but ultimately I think you just have to get lucky to be in and out in time... 

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