E88 0.00% 0.0¢ ensogo limited

Mate if you are not finacially illiterate, perhaps holding stock...

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  1. 281 Posts.
    Mate if you are not finacially illiterate, perhaps holding stock in this company is not for you

    This company has a cash bonfire out the back, been burning for years. I will look hard at buying below 10 cents, and the price should drift there over no news next 2-3 months.

    I don't like the bullshit company spin announcement page on the front, i'm not a customer, don't bullshit and sell to me, give me just honest appraisal. Wow Thailand business is ebitda positive, that's irrelevant.

    Will keep burning cashing for another 12 months I predict, unless it completely fails to gain market traction in a competitive market. I don't see any competitive advantage in this company, they don't do anything better or special.
 
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Currently unlisted public company.

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