Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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D-Geeman I'm often guilty of ramping myself into buying more :-)
Nice one. Good luck to you mate. I do think Eve is still undervalued at 12 million market cap especially considering around 10mil cash in bank and significantly improved cash burn towards profitability. Given wider economic uncertainty right now, the share price has priced in a pretty gloomy scenario which IMO should be adjusted accordingly after we get some profitable results or merger/takeover or additional II interest.
Correction, 4.44; but showing as a sell. 4.3 bid of course.
Cheers CI.
I just ramped myself and bought some.. 4.3p. And that money was meant for elsewhere..
I would be very tempted at 3.5p for holding longer term recovery play as the economy is a bit wishy washy right now.
e-Commerce in the Global Mattress Industry, 2020 Summary
'The online channel, which was already eroding offline shares among the global mattress retail markets in recent years, is increasing and partially compensating the sharp decrease of brick-and-mortar stores' sales. According to the publisher, the online mattress market was already following a growth trajectory, registering a +30% in 2019, with different performances across the world. The United States is by far the largest market; in Europe, the increase in the online mattress market in Germany is remarkable; in the Asia-Pacific, the booming Chinese market drives growth.
During the first semester of 2020, the fast increase in online sales is recorded among the largest retailers of home furniture and mattresses (in particular online mattress companies). This could be an opportunity for both mattress retailers and manufacturers.'
Summary link:
https://www.researchandmarkets.com/reports/5178708/e-commerce-in-the-global-mattress-industry-2020?utm_source=GNOM&utm_medium=PressRelease&utm_code=9vc264&utm_campaign=1456474+-+Global+Mattress+e-Commerce+Report+2020%3a+COVID-19+Pandemic%3b+Impact+and+Insights+for+H1+2020%2c+Select+Companies%27+Sales+by+Quarter+for+2019-2020&utm_exec=chdo54prd
CI, when would the price tempt you? I would like to top-up, and below 4p if W is correct. But now I wonder if we are not now at the new bottom.
Rishi's better late than never revised job support package should be a big help for the economy. How this translates into Eve sales and bottomline is uncertain but I suspect it would be positive to some degree!! Which is a significant relief. I've been out and on the sidelines waiting for an entry position. Not sure if I'll get it but anyways GLA.