AKITA Drilling Ltd T.AKT.B

a question for lifeisgood1010 ?

[Possibleidiot01]

What do you see as a sustaining competitive advantage for Akita?
When I look at ADF Group ,one of your sucesses,  they have the sustainable advantage the advanced robotics give them. Higher margins generate more cash which allows them to accept more projects / bigger projects ; especially in comparision to other steel fabricators.
When i look at Akita's chart - 20 year downtrend , 10 year downtrend. 5 year very down trend at start with Covid factoring in .
The three year chart is a saw tooth pattern that suggests to me this is a trading stock , so do they in your opinion have a sustainable competitive advantage like ADF Group ?

[Hockeyz]

There is a big difference between a great company and a great investment. It can be the best company in the world (with a terrific sustaining competitive advantage), but a bad stock. It all depends how much you pay for that great company.    I do not see Akita as a trading stock.  But, if you are going to trade it, this does seem like a great entry point, at $1.35/share. Akita’s