Once a stock turned unloved, it's usually painful for a long...

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8horse

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26/02/19

17:46

Post #: 37575871
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Originally posted by LT_Investor ↑

Originally posted by asb83
There we go. I said holding this leading into the result was risky given the track record. It appears to be a value trap. There's a reason it's being snubbed by the market and trading on a relatively small multiple.

There were a few on here predicting the share price to go to 50c purely by meeting guidance. I could have told you they were going to meet guidance. They re-affirmed it relatively recently. The issue is it's a company with a lot of challenges ahead. Anyone in media monitoring will know that margins will continue to be squeezed given the competitive environment they are now in.

That $40m debt is going to be an annoying pimple for many many years to come and remind the company of its past mistakes.
Like many small cap stocks, let convince biggest holders to raise $30M to pay off debt. This will also allow them to average down.
Volume will then pick up to push us back in ASX300 index so super funds can start to buy in hence sp will likely to go back up.
The company also able to pay dividend. lol
This stock is such a pain. It is likely to trade in the range 24-30c for a long time.

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Once a stock turned unloved, it's usually painful for a long period of time.
If it were successfully turned around by new management team, then it would be pushed up again.
I'm quite happy with new management team and we still have three substantial institution holders on board.

ISD is a profitable tech small cap (market cap $53m) but still have a mid cap style management team and institutional support.

ISD Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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Once a stock turned unloved, it's usually painful for a long...

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