EVS 3.64% 5.3¢ envirosuite limited

Yeah, so that table is a good illustration of what I am cautious...

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  1. 2,597 Posts.
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    Yeah, so that table is a good illustration of what I am cautious about. FBR down $100m in market cap since then, BID was down 30% on Friday back to about $100m and we all know what happened with GetSwift as they were back in the news for the wrong reason last week. I don't think EVS fall into any of those categories and I am sure there are just as many stories to the upside, but a dissenting voice is valuable at times and I am pleased my comments have been meet with good responses that have added to my knowledge of EVS. 

    @skys the limit thanks for the further background, your numbers would no doubt be more accurate than mine, I guess my frustration is that Management are giving us the information they want us to know. I agree they are not being evasive, but the fact we discussing the issue and essentially guessing to a degree suggests they haven't quite informed the market as well as they could. 

    On the Odotech front, they are doing a great job of conversion, but again, I see this as the bare minimum that should occur otherwise it would have been a disastrous acquisition. It would have been good to hear examples of upselling Odotech customers in some way, but maybe that is difficult to divulge. 

    The reality is EVS success relies on its ability to generate $6m of new business between now and the end of FY20 to get to its targets of $12m, which is a great challenge for management and the sales team.

    I will keep watching for a little while longer. 
 
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