Hi guys, first time poster and long time lurker on HC. I believe NOV will take a similar path to BIG (listed on asx) over the next 6 months. Revenues have started to grow very rapidly recently with the last quarter reporting nearly 4m in cash receipts up from 2.8m the quarter before and even much lower the quarter before that! We are now on track to hit 20 million revenue this year and I say that while being conservative as this is saying no growth really (little growth) for the next 3 quarters!!!
This stock looks very inexpensive with only 35 million market cap?!!? This seems crazy to me as the revenues will be more than half that this year. Are we in for a BIG run? I believe we are
Also how do we go down 15% over the last few days on peanut volumes?
NOV Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
