I think investors need to consider what has happened this year with E88. Looking at one quarter's result does not tell the full story. We have a new business, taking on Living Social and integrating it into the existing structures, development of new IT platform, slashing costs from Living Social, new senior appointments and growing the business at the same time!
IMO management should be congratulated on the progress made thus far. The growth in cash receipts in the 4th Q/Q and Y/Y shows they are on the right path.
DYOR
E88 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held