Post by
Hich1205 on Aug 08, 2024 9:57am
Great business ... but in dire need of better investor rel.
The numbers are great for Q2, althrouhg showing some loose of steam. The valuation are still ridicousily low for a growth stock. still holding a cuople of thousand shares, but relectant to buy more for reasons that are not related to the Business itself (which is dump I know).
Their Investor relation management is really weak if not existent at all. No marketing for the stock among investors and analysts + insiders dumping stocks in material way ==> not well perceived by investors==> the stock will remain at ridiculous valuation ==> any materil M&A will be very dillutive
It seems like these management are doing great at running the Business, and very poor for everything around stock management : the vendor drama, isiders selling the stock, weak IR
Comment by
1condor on Aug 08, 2024 11:24am
I just bought back my lot (at 6.95) that I sold just over a week ago at (7.90). This stock is not perfect (as Hich1205 has just pointed out) however its still in a very good and growing business.