Hopefully not.. Have a sizable holding in this. Dsh fell out as they had horrible Cashflow and low margins. Also management were on holiday the whole time.
Gfy is Cashflow positive reflective of the profit indicated. Margin is ok the only issue is there isn't enough vacuums sold. They a still ramping up the stores as well and personally as a lazy consumer I find convenience and expertise quite important when I shop. So I guess Gfy made sense to me.
It not going to produce stratospheric returns but I don't see GFY burning like Dsh in a couple of months. It a niche player in an niche market designed to offer convenience, expertise and the whole one stop shop to consumers.
GFY Price at posting:
$1.67 Sentiment: Hold Disclosure: Held