EVS 1.92% 5.1¢ envirosuite limited

Hi all, new to EVS but absolutely in love with it. Bought in...

  1. 431 Posts.
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    Hi all, new to EVS but absolutely in love with it.

    Bought in with a beautiful parcel yesterday @ 7.7 cents.

    Had a discussion with the boys at work today, and these are our thoughts:

    Positives:

    1) Smart to try dissociate itself with previous share price underperformance by changing company name and ticker.
    2) Strong scalability at low cost through the new SaaS platform + ASX holds SaaS businesses in an endearing light in my opinion, so could see a high P/E based purely on hype.
    3) European launch will boost FY17/18 outlook and offers new market - always positive.
    4) No direct competitors with similar module/product offerings – could monopolise like aconex.
    5) I also like how it could become a universal environmental compliance platform … like aconex is becoming a universal management/logistics platform to the construction industry.
    6) Love the multiple module plugins and versatility of the platform – can be tailored to customers needs. Also love the numerous industries to which this technology could be implemented. Massive growth prospects in Envirosuite.
    7) My only explanation for SP underperformance in the past is that the consulting business is less profitable and the SaaS platform has taken 7 years to build, so until now, the company hasn’t been able to exploit Envirosuite and has relied upon Pacific Environment Consulting to carry. But now with the SaaS platform, EVS is ready to explode.

    Very positive and bullish on EVS.

    Look forward to some serious SP appreciation in the near term with multiple announcements on the horizon.
 
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5.1¢
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-0.001(1.92%)
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5.2¢ 5.2¢ 5.1¢ $11.69K 225.0K

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4 234547 5.1¢
 

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5.2¢ 54920 6
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