Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
6 questions now
1) Why does SEE's loss each year increase?
2) The finance graph net income vs revenue are mirror images of themselves for SEE. Does SEE pay companies to use their product?
3) Why are the fleet figures so bad?
4) When do they expect to make a profit?
5) Will there be another fundraise in October 2021?
6) Why not publish actual fleet vehicles connected figures on the website?
It's the same with other posters constantly ramping fleet figures when they know fleet is stagnating.
The CEO of the company says glowing things about fleet yet the published figures say something quite different...
When i see that kind of thing i like to call it out.
Wouldn't you want to know too?
SEE is valued at 307 million pounds at 7.97p share price
Don't you think it's massively overvalued for a company that makes a large multi million pound loss each year, has done for the last 10 years and is likely to do so for the next 3 or 4 years.
vs
231 Million pounds market cap at 6p
Even at 6p it's overvalued!
I wonder how much more money they'll need this coming fundraise?
He bought to pump the price up for the last week of June to get his free shares. I thought everyone knew that.
Maybe you can ask Paul McImminent the following for the next update.
1) Why does SEE's loss each year increase?
2) The finance graph net income vs revenue are mirror images of themselves for SEE. Does SEE pay companies to use their product?
3) Why are the fleet figures so bad?
4) When do they expect to make a profit?
5) Will there be another fundraise in October 2021?
The share price is dropping because no one wants them at this price, simple.
The MMs have narrowed the spread to 0.5% trying to encourage people to buy as they know where this is heading and don't want the stock.
Where are all the Institutes and hedge funds busting to get in on the action?
Seems they don't want them either.
Why is everyone selling then?
Is it because SEE will be putting out bad results?
Because Fleet numbers are bad?
Is it because Australia unfortunately is likely to get ravaged by the Delta variant seeing their poor excuse PM managed only to get 15% vaccinated?
What is the reason?
Is it because SEE never holds onto its gains so everyone is trying to lock in their profit.
What?
SFA they can do if no one wants the shares prior to poor results and the begging bowl being dusted off yet again.
SETS is at least helping prop it up a bit, but with the recent selling pressure, Australia's terribly low vaccination rate and the Delta variant ripping through NSW this will go lower.