E88 0.00% 0.0¢ ensogo limited

Ensogo confirms talks with strategic investors, page-40

  1. 784 Posts.
    Thanks for the technical indicators. All I am gonna add for the long termers here is that I hope your "investment" doesn't fall into the trap of day trading.

    Reading between the lines the company was $350k cash positive in November and likely to be higher in the future. If the company can grow at the rate it is growing, a profit of 7-10m would not be too distant. Current share price would take it to a PE of 7. I just cannot believe the market hasn't realized this yet! This is an internet company and it won't take long to double/triple/quadruple revenue! Goodluck. I am more waiting on the quarterly than this equity investor news.
    Last edited by prazzzz: 09/01/15
 
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