SKO - Serko.com

[Everwood]

No intention to rub it in!

Does not really matter whether one got in at 50c or $3 when SKO hits $20?

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.

[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.

Hope it happens matey.

Serko operates in a global growth industry so the potential is definitely there imo.

Hard to see another NZ company with this potential.

[janner]

Hope it happens matey.

Serko operates in a global growth industry so the potential is definitely there imo.

Hard to see another NZ company with this potential.

Why the sudden burst of comments and interest over the past few days ?.

Ramping ?.

Disc. Minor holding.

[Yoda]

Why the sudden burst of comments and interest over the past few days ?.

Ramping ?.

Disc. Minor holding.

its been in the wings for a while
some good charting here....
i bought more a few weeks ago as a result .. And the charts are very educational along with the future prospects of the company .....
nothing wrong with ramping and join the up trend. Just get out if the pan gets too hot or it falls below the 50 MA OR WHATEVER YOUR EXIT IS .
THIS IS 12 % Of my holding .

[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.

[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.

[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.