RE: More bidders and tight float8 Apr 2024 16:33
Slacker246 - the way I see it, is when I invest, I look at the following key criteria:
a) is there strong top-line growth (sales)?
b) is there strong bottom-line growth (profit)?
c) is what's 'in-between' top and bottom (costs) reasonable and not excessive?
d) is the company a key/dominant player in its own market space?
e) is there a talented Board of Directors leading this organisation?
f) how much debt (long and short term) is the company servicing?
If they are all negative, then I move on to a more successful and better run company with better 'prospects'.
To SDRY then:
a) NO
b) NO
c) NO
d) NO
e) NO
f) LOTS
So, I guess, if you have cash in this company, then you are (a) either rainbow chasing (in the hope that this company will reverse all of the above criteria, (b) already in too deep and nursing hefty losses (that's 80% of folk here), due to failing to exit in time, OR (c) 100% in the wrong game here and should therefore take up golf or fishing. ATB