The above theory might be all very well if one assumes we all have stimulating day jobs that enthrall us every minute of the day. If that was the case we probably wouldn't have much of a forum lol
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The above theory might be all very well if one assumes we all have stimulating day jobs that enthrall us every minute of the day. If that was the case we probably wouldn't have much of a forum lol
Exactly,if it wasn't for around a dozen or so posters on here, the place would be a graveyard.Would be great if others made the time to contribute and some of those many watching guests joined up and also contributed. PS-I'm in a similar situation to Beagle having been in the same work for 30 yrs now.
Don't forget that this next years profit will be impacted in a positive manner by the falling N Z dollar.
Money flow indicater has been positive and increasing all day. Indicates buying pressure, yet price shows the opposite. The machines are winning! (Thats on the ASX, NZX is a mess of Lemmings)
I missed the initial rise due to lack of funds at the right time. Now with the latest dip I’m having a more thorough look. Seems like a pretty attractive business, with the incredible growth of 60%+ helping with that.
My initial thought is that ATM needs to grow significantly to justify the price. Obviously the growth is happening but growing sales into the multiple billions is going to involve a lot of work. I’m amazed that a company that sells physical products can grow so quickly.
How long can this growth rate really be sustained? How risky is doing business in China when much of their growth is coming from there? There are are so many questions about this company that are only going to be answered with time.
Status: currently DMOR (doing my own research)