BLT - Blis Technologies

[winner69]

So Q4 sales going to be 20% plus less than last year

And a negative profit for the quarter (negative profit avoids using the LOSS word)

Suppose many will keep the faith in this company that’s managed to get annual sales up to $10m ..,after how many years?

[winner69]

and its incredible that Blis has a market cap of $88m

Might suggest to the local dairy owner (has 3 in total) to do an IPO - his turnover possibly about the same as Blis

Mind you every time he puts money in the till he rings the sale up as 1 cent - I asked him why once and he said its only to count the number of customers I had today and lamented that eftpos use limits the amount he can put in his back pocket

[forest]

and its incredible that Blis has a market cap of $88m

Might suggest to the local dairy owner (has 3 in total) to do an IPO - his turnover possibly about the same as Blis

Mind you every time he puts money in the till he rings the sale up as 1 cent - I asked him why once and he said its only to count the number of customers I had today and lamented that eftpos use limits the amount he can put in his back pocket

Maybe it is incredible the market cap of $88m, however it is supported by some incredible positive financial ratios.

Look at the return on Equity, Assets and Funds Employed all above 20%.
It is a small company with enormous potential. The potential is there because this company is only being managed properly in recent times.
And the proof of the improved management style is in realising the upwards trend of the above mentioned ratios.

[winner69]

Maybe it is incredible the market cap of $88m, however it is supported by some incredible positive financial ratios.

Look at the return on Equity, Assets and Funds Employed all above 20%.
It is a small company with enormous potential. The potential is there because this company is only being managed properly in recent times.
And the proof of the improved management style is in realising the upwards trend of the above mentioned ratios.

Yes indeed it has a high ROE ....mainly because there’s only $6m of the $37m they’ve raised from shareholders left.

Enormous potential ...maybe you are right.

[Ricky-bobby]

I thought the current environment would be perfect for blis! underwhelming.

[forest]

Yes indeed it has a high ROE ....mainly because there’s only $6m of the $37m they’ve raised from shareholders left.

Enormous potential ...maybe you are right.

You are right that a lot of value has been lost by BLT but you will also realise that value destruction stopped in 2018.
Equity Mar 2018 was $3m, two and a half years later it has doubled to $6m.
I see this as a positive 100% equity growth in less than 3 years.

[Rawz]

These penny stocks need to grow. Revenue on par with last year. Not good.

Was reading the part about alibaba tmail and hoping to see some positive commentary about the launch. But nothing, the launch numbers can't have been that great.

Down 7.5% this morning. I suspect it will slide further.

[LEMON]

Disappointing, still a lot of positivity to take about the future. Its been a hard few months and I'm sure we will see with all the future plans something will come of it all.
I will hold and top up at lower prices.

[whatsup]

S P getting slaughtered today back to Mar 2020 levels !

[Ltw]

So disappointing they had everything going for them. I'm picking it will be a couple of years before we see some real results of growth from these guys.