Australia's largest stock trading and investment forum Australia's #1 stock forum

AU8

Click for more information

1.67%

6.1¢ aumake international limited

Long Term Predictions?, page-44

First 44 Last

Share
Profile

Follow
Kikker1959

4,266 Posts.

359

27/01/18

10:34

Post #: 30599392
Share

Originally posted by dmaivn ↑

The worry is that it doubles its revenue every 3 months at at costs running at 4x in the same period. Opening new shops, comitting into long term rental leases and employing more people, paying more executive costs, more marketing expenses and spending more on partner programs ... Every one can do daigou. There is no barrier to entry.

The real worry is that the founders of this company are just into scamming investors to get rich quick and hold out for just as long as they sell all their shares back down to under 6 cents and call it a quit. In that case they would have made enough money to set themselves up for beingmoderately rich in retirement.

Expand

Don’t blame the founders , blame the inexperienced investors who let themselves be sucked into this hype. Retail shops with a MC of $100-200 m as a start up? you sit back with a bag of pop corn and watch the crash unfold. Don’t tell me i have not warned you. AIMO

AU8 Price at posting: 41.0¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 25 more messages in this thread...

First 44 Last

Add AU8 (ASX) to my watchlist