How many times are they going to prop this thing up?
https://www.nzx.com/announcements/363451
Geezzz let it die.
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How many times are they going to prop this thing up?
https://www.nzx.com/announcements/363451
Geezzz let it die.
I cannot find any link to GEO so Im starting one link.
What is going on with GEO at present as it has moved off its recent low of .06, can anyone shed any light on its recent rise.
I thought that it was almost a cot case but it appears that I was wrong ( again ) .
Good on ya @whatsup. this thing has gotta pop. Tradify was valued at 10 X ARR pre cash. The GEO boys are sitting at around 2-3 X ARR and have a much better cash burn management system in place. Talk about way under valued!!!!!! Wonder if they would know what to do if there was a further 10 million injection. Tradify lads are pretty smart when it comes to diggy marketing though.
Starting to move now. Good level of liquidity. Feels like a price of 30 to 40 cents is still at the low range based on 55Million valuation Tradify received.
Just on that, does anyone have any relevant/accurate comparison between Geo and Tradify? Are they similar companies in terms of product or does one have technology or something else that is different? What about users/subscribers?
Id appreciate any discussion on this
Thanks
Sam
.138 whatsup , up again on what !!
Brought back up so we can rejoice the current activity ...in light of all the tales of doom and gloom in the past
My understanding is that they are pretty much like for like. Tradify has a larger NZ base and GEO is lasered in on Oz. Both platforms are focused on the same pain point with slight variations, but basically the same and definitely an option of consolidation. Tradify is backed by VC - Movac and GEO is being backed by their chairman's (Roger Sharp) investment vehicle Northridge Partners. GEO has ARR of about 4-5Million and Tradify is around 5-6 Million. GEO appears to have a better handle on cashburn. Executive team at GEO has some good motivators to deliver based on announcements around options for them. Not sure what is on offer to Tradify team. CEO of Tradify sounds switched on, but is not the founder. The big difference is the market cap. Tradify was valued at 55million (pre money) based on raise and GEO is still at nzx at 15Mil. So its massively still undervalued. https://www.nzherald.co.nz/business/...5YAGHB7E3U454/
Many thanks Bulyak
Whats wrong with everyone. Does no-one use this channel anymore to talk about these companies. Is the NZX dying or is the communication channel dying? Wow. You've got a company here that is massively under-valued. I just dont get it. Guess everyone is taking their 100% gain from their tiny little SPP investment at $.06. Man.... us kiwis sure are a thick lot. Quite happy to chuck our kiwisaver into a scheme with some 22 year old grad and pay them an excessive fee to get us a 6% return, while most markets around the world have doubled in value over the past year.
Things still going well with Geo
GEO PROVES ITS RESILIENCE IN AUSTRALIAN COVID LOCKDOWNS
http://nzx-prod-s7fsd7f98s.s3-websit...864/351734.pdf
What do we make of those numbers and that news?? On face value, the story sounds really good. Increasing metrics (such as client numbers) should feed through to revenues at some stage which do still remain rather flat. Thinking they will need to raise capital to maximise their potential (soon). I still really like this, especially if they look to expand to another jurisdiction and they get their margins a little higher.
I'm always sceptical when company release results at the end of trading
Gosh thought this thing was dead on its feet long time ago then BOOM its come back to life. Up heaps today :eek2: Geez whiz :D
Bhatnagar Securities fronted up with some dosh in latest capital raise
Bhatnagar was one of big supporters of Pushpay in early days and became one of their bigger shareholders
So GEO having them on board is a good sign ….they are pretty astute and successful investors
No worries Rupert …you got some?
This stock continues to trade under the radar in my opinion. Has a good core of investors now and, when considered against industry peers, the market cap looks cheap. The cash burn is not overly high and the new capital to be used for scale and expansion is very encouraging. I like the management team too - they are focused on what needs to be done
Disc: Held GEO since January
interesting noting a 6,273,916 special trade at 5.24pm.at 16 cents.
I note Lindsay Investment Trust hold or held that amount.
It’s lipstick on a pig stuff, odds on the Lindsay trust bought into it and now see their mistake. Any investor with an ounce of financial acumen would run a mile after reading their accounts, its only for day traders chasing dead cat bounces.
Where’s the huge untapped market opportunity and profitability just over the horizon they’ve been talking since they listed close on a decade ago. If the market exists they’ve clearly failed, I put ‘job management software’ into Google, got to page 5 without finding them. The reality is they’ve burnt over $30m in investor capital, losses are 10 years times a falling underlying revenue, higher if you add back all the taxpayer subsidies.
If you want to invest long-term in a SaaS business have a look at IKE. It’s not for the risk adverse, they still haven’t reached their early revenue targets and remain unprofitable years after they claimed they’d reach breakeven, their original strategy of selling devices rather than services was a dead end street, it appears they’ve done a lot to fix it. But compared to this POS it has a real point of difference so you’re far less likely to flush your money down the toilet.
Aaron Bhatnagar and family now hold 10% plus
They did exceptionally well with Pushpay
He no clown