SKO - Serko.com

[Perky]

Crikey…I kicked myself for not buying this at $1.90 ish when pandemic hit.
Its dropping like a stone. I quite like the business idea
but really struggle to put a value on this?

Mr Winner…can you plug in Open AI and see what it spits out.
It was once said..it was Always ..great buying under $3
I think I’m going to wait. Long term opportunity but maybe nothing going to keep share price up in short term

[whatsup]

SKO sure has taken a massive beating in 2022 from $7 to sub $3 atm is there a bottom yet ?

[t.rexjr]

SKO sure has taken a massive beating in 2022 from $7 to sub $3 atm is there a bottom yet ?

There's always those that need to sell so Could be room to go down yet if buyer play their cards well

The bottom will be just before the next update I'd think.

Other tourism based companies seem to have had positive trading since the world opened up again (or most of the world)

[whatsup]

Sub $3-00 and going lower by the looks of it !!

[Rawz]

FY23 revenue going to be "approx" double FY22 which came in at $17.8m.
So say FY23 rev will be $36m.

Market cap today is $350m. Hmmmm trading 9.72x forward revenue. Even more than the lofty multiples of PYS.

Winner69 post that cool chart showing the 75th percentile of cloud companies in AUS/NZ trade at 5.2x SKO therefore maybe top 1%?

SKO had $100m cash by last count and was burning over $3m a month. And said it would be cashflow negative for 2 more years yet.

Might have a look at under $1 per share. sorry

[whatsup]

FY23 revenue going to be "approx" double FY22 which came in at $17.8m.
So say FY23 rev will be $36m.

Market cap today is $350m. Hmmmm trading 9.72x forward revenue. Even more than the lofty multiples of PYS.

Winner69 post that cool chart showing the 75th percentile of cloud companies in AUS/NZ trade at 5.2x SKO therefore maybe top 1%?

SKO had $100m cash by last count and was burning over $3m a month. And said it would be cashflow negative for 2 more years yet.

Might have a look at under $1 per share. sorry

I'd buy the company if it hit sub $1-00 only $120+ mil, but not holding my breath !

[Entrep]

Another Craigs IP special

[t.rexjr]

I'd buy the company if it hit sub $1-00 only $120+ mil, but not holding my breath !

Ha yes wouldn't that be nice.
I'd sure love to grab more at that price.
Hard to grasp the potential of this one for many.

[Rawz]

Ha yes wouldn't that be nice.
I'd sure love to grab more at that price.
Hard to grasp the potential of this one for many.

what's the potential we are talking here? like in FY25 what sort of profits will this bad boy spin out?

[t.rexjr]

what's the potential we are talking here? like in FY25 what sort of profits will this bad boy spin out?

Well, I think pre-covid, the business travel market was around $700 billion USD. Expectations are for that to at least double (even triple) over the next 5 years...

So in 5 years if Serko only have their fingers in 1% of the world market and clip 0.5% of that market then revenue would be 70 million USD

Serko currenty has their fingers in 50% of the NZ business travel market. Translate that to the world market... Make sure you're sitting down.