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06/11/17
10:21
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Originally posted by Investing101
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Yowie has over 32 million AUD in cash and current market cap of 37 million AUD. So trading at just 5 million above cash backing with an expected positive cash flow quarter coming and revenue growth of 55% expected for the full year.
On last years results we are trading at 1.4 x revenue. On this this years forecasted results we are trading at 0.9 x revenue.
We are currently in USA, Australia, Canada and on a smaller scale England and New Zealand. Multiple products in the largest retailer in the world in Walmart. We also have a new product pack being launched early next year in Duty free sections in airports. Current management have been buying shares on market for the last few months.
I know that previous management missed the mark in terms of forecasts but surely the current share price represents serious value.
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I think the current SP represents doubts as to the product/brand being viable into the future. You can market a turd all you want, but it's still a turd. Not that I think that way. I'm with you. I think there is great value at these prices.