Post by
phillip44 on Jun 12, 2021 6:10pm
A look ahead.
Despite the lockdowns affecting some of Akroo's customer retentions, and having a not-so-great Q1, they were still cash flow positive. GGGolf could not see income for the prepayments received before the acquisition. However this was normalised as of April 1st 2021. Therefore revenue for GGGOLF and IDMS will appear in Q2. This coupled with more aquistions, organic growth, and traditionally favorable Q3 and Q4 numbers, will make for a very interesting year ahead. I dont expect Ackroo to linger at this discounted price for long. GLTA fellow longs!
Comment by
ando on Jun 13, 2021 7:35am
Well said Philliip. June 23rd the opportunity for those fortunate enough getting 10 cent options expire so that too will help get the fire burning. We are closer to a very strong price increase of the share price. Ando
Comment by
phillip44 on Jun 13, 2021 11:26am
Great point Ando, these seem only to be growing pains the company is going through.GL