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clock Created with Sketch. 09/02/19
19:48
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Originally posted by energe:
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Spot on Chuk, your analysis has been A1 so far and always a pleasure reading your views and insights as you have clearly done your homework. What you are saying about JBH is correct, their ordering is done at a head office level off stock algorithm and not a store level, so MGM will continue to place constant reorders centrally which JBH distribute. What everything is telling me is that we are in a clear growth phase and the demand for the product is definitely there. This is a good problem to have, I would be more concerned if the product was sitting on the shelves and not selling which is not the case. $39m market cap with $4m revenue on the half and $2.5m cash and no debt. I'm continuing to struggle to find another stock across our market with the growth potential that MWR has being such a micro cap company. To many people are trying to value it as if it is a large cap or $300m market cap company and missing the bigger picture, which Chuk you have clearly picked up on.
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emerge,
