E88 0.00% 0.0¢ ensogo limited

The lower the Aussie dollar the better it is. But more than...

  1. 784 Posts.
    The lower the Aussie dollar the better it is. But more than currency it is the pace of growth that will affect this company more. Currently gross turnover is expected to be over $150m in 2014. If they can triple that in couple of years and margins start to increase with luxury products on the portfolio and increase in avg order value then this company is set for a 5+ bagger. Customer reach is not an issue in Asia it's 30x Australian population. Reputation, customer service and logistics is the key. They definately seem to have recognized that with a slew of key hirings. Whether they can do the job, time will tell. With what IPP and ICAR have achieved for me in the last 3 years or so, I definately don't want to miss out on this too.

 
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Currently unlisted public company.

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