Originally Posted by
Ggcc
It baffles me that Xero which in itself is a great product, is a company that has an annual turnover of $400+ million fy2018 of what ATM should make in profit fy19?????
Something does not compute...
Sure one can argue these businesses are not the same and they are not, but ones makes a profit almost as big as your turnover and (ATM)is still growing faster than Xero seems to be growing...
PPH is only small now and I hope they keep growing well and last long on the NZX for the future. I remember WYN told me they would be break even by the end of the year and then told us sorry we are now in voluntary liquidation, that did not work well for me and I lost big time..
Oh the fun of investing verses the gambling of winning. Best of luck to all holders, but Im not getting involved.