TradeX8, I am a massive fan and current holder of CM8, I think they are doing a great job of paying down debt and as the depreciation charge from the acquisition rolls off the earnings leverage will be huge!
The next 6 months will be the 6 months to the holding this stock IMHO.
However people need to remember Q1 is seasonally soft for their business (due to the European summer - look at last years results). Therefore I would interpret a flat QoQ revenue number as a big positive, Q2 should then see a huge uptick. Thoughts from others?
CM8 Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
