YOW 0.00% 2.5¢ yowie group ltd

"It wasn't that long ago that they revised a forecast just 10...

  1. 4,270 Posts.
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    "It wasn't that long ago that they revised a forecast just 10 days out...and still got it wrong!!!!"
    Hence the reason Sal Alvaraz was kicked out as CEO of YNA on 21st July.
    At the risk of sounding like a broken record, the enterprise value of this company is currently less then $4 mill, with $33 mill in cash. 2018 revenue now incorporates Canada, and Discovery World, as well as 12 months of Australian revenue. Additionally, they are now stocking an extra 10,000 outlets in USA this year. $30 mill revenue for 2018 is definitely possible and yet the current share price is suggesting a potentially lesser revenue than 2017. I am reminded of a well used quote in these circumstances: "the market can remain irrational longer than you can remain solvent".
    GLTAOH

    I should add, there are a number of oversees instos and brokers that got this one very wrong last year. Maybe they have something to do with the selling at these levels....
    Last edited by sergeant: 24/11/17
 
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