AU8 1.67% 6.1¢ aumake international limited

Ann: March Quarterly Report & Appendix 4C, page-13

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  1. 374 Posts.
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    I may not necessarily agree with such a simplistic analysis of a fluid and expanding business.

    To those posters expecting a start up to make profits within the first 6 months of trading, you clearly identify yourselves as never having started a business.

    I believe it will be interesting to see how the next 3-6 months unfolds for AU8. There is no certainty the month on month sales momentum and nominal dollar GP growth can be sustained but nor can one assume it will evaporate.

    I have found stepping back from the day to day SP action and letting management demonstrate their skills at capital management and sustainable growth to be one way to forecast the expansion of a business.

    This technique involves accepting both risk and trust, but what listed investment doesn't? I trust my judgment that the AuMake story has many chapters yet to be written.

    I comfortably wait and accumulate speculative stocks when the impatient, ill informed or disappointed see no other door except the one that says exit.

    DYOR
 
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