SKO - Serko.com

[silu]

All those lofty SP projections make my head spin. I'm happy for them growing year-on-year and the SP will follow. I'm still a very happy shareholder and have bought some more 2 weeks ago which brings my average price up to 89c.

[Balance]

My average price is about $2.85, but I'm hoping they will eventually be about 30AUD which is just under the closing price of Corporate Travel Management or CTD on the ASX. I can see Serko on a similar trajectory over time.

I intend to hold on to this stock for 5 to 10 years. If I'm really lucky they might skyrocket like Xero did between February 2013 to March of 2014 to over $40 per share before falling back to earth before climbing up again. If it did go over 30AUD I will be selling and setting myself up for life.

That is the dream, Everwood.

And it starts with investing in a company with that kind of potential.

Good luck to us all.

[Everwood]

Looks very promising, but let’s not ahead of ourselves. They still need to get more runs on the board, for that reason next trading update is crucial. Slightest hint of deviation and market will punish them hard.
Keep grounded bit longer and rewards will follow.

I see this as long term hold 5 to 10 years with maybe some bumps along the way. I don't expect it to happen over night, but I see this as my strongest stock on NZ market for worldwide growth.

[sb9]

I see this as long term hold 5 to 10 years with maybe some bumps along the way. I don't expect it to happen over night, but I see this as my strongest stock on NZ market for worldwide growth.

Agree 100%, if they stead carefully and make right moves it could turn out to be better than Xero.

[silu]

My average price is about $2.85, but I'm hoping they will eventually be about 30AUD which is just under the closing price of Corporate Travel Management or CTD on the ASX. I can see Serko on a similar trajectory over time.

I intend to hold on to this stock for 5 to 10 years. If I'm really lucky they might skyrocket like Xero did between February 2013 to March of 2014 to over $40 per share before falling back to earth before climbing up again. If it did go over 30AUD I will be selling and setting myself up for life.

In all fairness if it catches up to CTD the SP for Serko would be NZ$11.50 which is still not too shabby.

[Timesurfer]

No ramping here. In fact, I'd be happier if you hope over to TRA and ramp that for me!
This one is my retirement plan so I am in no hurry to see the gains (that I am trusting will eventuate). My average buy in is also up around $2.38 so not quit as happy as Silu, but confident enough.

We have to a few good news stories on the NZSX, can't be a one or two horse race!

[Everwood]

In all fairness if it catches up to CTD the SP for Serko would be NZ$11.50 which is still not too shabby.

Thanks for your feedback, what makes you say CTD SP will be 11.50NZD if it catches up? I know the revenue is tiny compared to CTD.

[silu]

Thanks for your feedback, what makes you say CTD SP will be 11.50NZD if it catches up? I know the revenue is tiny compared to CTD.

Based on Market Capitalization.

[Everwood]

Based on Market Capitalization. CTD is worth $3.3b and at today's exchange rate and shares on issue Serko would have the same value at NZ$11.50.

I had a feeling that is where you were coming from:
Serko has 80,348,887 shares on offer and a market cap of $267,561,794NZD
Corporate Travel Management has 108,258,040 shares on offer and a market cap of $$3,300,787,640AUD

A x10 increase in New Zealand Dollars of in price at a value of $3.30 would make it $33.00 per share or a market cap of 2,651,513,271NZD if 80,348,887 were still on offer. Am I calculating something wrong? I do expect Serko to increase the amount of shares of offer over the next several years for use in acquisitions

[silu]

I had a feeling that is where you were coming from:
Serko has 80,348,887 shares on offer and a market cap of $267,561,794NZD
Corporate Travel Management has 108,258,040 shares on offer and a market cap of $$3,300,787,640AUD

A x10 increase in New Zealand Dollars of in price at a value of $3.30 would make it $33.00 per share or a market cap of 2,651,513,271NZD if 80,348,887 were still on offer. Am I calculating something wrong? I do expect Serko to increase the amount of shares of offer over the next several years for use in acquisitions

Actually I did get it completely wrong (I blame the lack of coffee and a cold)

I have Serko total shares on issue on the NZX at 80,348,887.00 x NZ$45.00 = NZ$3,615,699,915.00 and at FX0.92 I get A$3,326,443,921.80

Sorry about this.