RE: First Tick Up for ages?22 Jul 2024 16:46
That’s a bit unfair Maca - if you look at the core numbers wrt revenue, EBITDA, growth, cash, debt etc it looks like a good investment as undervalued. Also supported by a price of 335p after IPO that dropped to 50p then recovered to 165p on back of good growth numbers (albeit lower than original forecast - but still 25%) with European licence and US one in the works.
I agree their investor comms are poor but notwithstanding the volatility in African markets I’d say they are a good investment and supported by the fact that there are not lots of traders making stupid ramping/deramping comments on this BB.
Or are you just a lone deramper?