E88 0.00% 0.0¢ ensogo limited

They haven't released Xmas quarter sales. Dec sales should be...

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    They haven't released Xmas quarter sales. Dec sales should be higher than October and November sales, but overall, ensogo will continue to increase sales as it gets more people on its database. It has restructured the company from a growth model with large expenditure on capital acquisitions to consolidation mode and streamlining its operations so it's more profitable. I expect to see cash positive for Q2, and will continue to make money and we will be able to truly judge exactly what ensogo is worth. A company like ensogo should be operating at a PE of 12 to 15. Based on sales of approx 200 million per year and a profit of 20 million, perhaps someone may be able to work out the capital value.? Even if profit was 5% of sales this is 10 mill profit and a market cap of 120 to 150 million. Share price approx 30 - 40 cents.
 
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Currently unlisted public company.

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