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Envirosuite

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  • Envirosuite

    Im not sure if there is already a topic for this?
    It seems to have some possibilities....

    https://online.asb.co.nz/ost/81B03FD...vs/asx/1130376


  • #2
    Your link works only for registered ASB customers. Anyway - could you enlarge a bit on your pitch? What is it and why do you think it could have some "possibilities"?

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    • #3
      https://www.asx.com.au/asxpdf/201902...h4c1kcv35p.pdf
      hopefully this link will work. It was up 10% When I sent the first message. Closed up 30%. They seem to be making a few in roads as the link will show. I was going to buy more this morning but caught up with some jobs, so missed out. They seem to have made a few contacts in the last few months which will bring in some continued revenue. Company seems to be basically software as a solution service in different countries which has room to expand The company share price swings quite widely.Not making a profit yet but looks on track.

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      • #4
        Originally posted by Fred View Post
        https://www.asx.com.au/asxpdf/201902...h4c1kcv35p.pdf
        hopefully this link will work. It was up 10% When I sent the first message. Closed up 30%. They seem to be making a few in roads as the link will show. I was going to buy more this morning but caught up with some jobs, so missed out. They seem to have made a few contacts in the last few months which will bring in some continued revenue. Company seems to be basically software as a solution service in different countries which has room to expand The company share price swings quite widely.Not making a profit yet but looks on track.
        I see. Cheers for pointing out. From a very brief glance at their announcement and webpage - they clearly seem to be in an interesting industry at the right time. Might justify some more research. Have you looked into the competitive environment yet? Any moat?

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        • #5
          It isn’t something I have looked into deeply but the company seems to have filled the gap that some in the industry are looking for. There are always new S a a S companies coming online so possibly any moat moat that they have May drain away at some point but it is quite a niche market. At 7-10 cents, could be one to trade off short term anyway.

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          • #6
            Originally posted by Fred View Post
            It isn’t something I have looked into deeply but the company seems to have filled the gap that some in the industry are looking for. There are always new S a a S companies coming online so possibly any moat moat that they have May drain away at some point but it is quite a niche market. At 7-10 cents, could be one to trade off short term anyway.
            Well yes, but they seem to be for some time in this roughly 5 to 10 cent band now. Not good to buy in when they are close to the top, unless you have a good reason to assume that this time resistance will fail. Sure - they had a positive good sales update on Friday, confirming their forecast (which is as wide as a barn gate) - so maybe? On the other hand - their share price resembles a nice seesaw pattern. Fast and steep up and than slow and long down. We are currently in (or at the end?) of the fast up..

            After digesting their last annual report and their recent sales update - I guess its really an unproven company with an idea and a hardly material revenue stream ... but at least some customers prepared to pay money for their product (which is good). Somewhat surprised that such a small company tries to win world coverage in one single step (fighting on many fronts concurrently), so there are clearly risks. They just changed substantially the mix of their products and they bought in another company (Odotech) where I have no clue whether they paid a fair price or not. Don't have a trackrecord on management or board, don't have a consistent trackrecord on financials (due to change of business) and don't know the industry. Too hot for me, but if some of the above are knowns to you (and you are happy with them), than it might be a great investment.

            Probably keep them on my watchlist to give them a chance to develop a track record.
            Last edited by BlackPeter; 02-02-19, 02:53 PM.

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            • #7
              Thanks for you feedback BP . I totally agree with your analysis, and I only have a small holding, so will see how it goes. No plans to buy right now,

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              • #8
                Doing quite will.. 0.17 today .

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                HLG

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