EVS 3.64% 5.3¢ envirosuite limited

PE uses 'earnings' not 'revenue'. So as Matt48 said, the SAAS...

  1. 487 Posts.
    lightbulb Created with Sketch. 2
    PE uses 'earnings' not 'revenue'. So as Matt48 said, the SAAS business needs to be profitable for us to have a PE at all. That will come, and the share price will rise. I think the team has built a world-class product and a sensible sales network. I'm expecting strong growth from this point on, so I'm hoping that the share price growth will also be strong, especially with our solid cash backing. I won't put a number to where the share price should be at this stage or even in 12 months, suffice to say that I'd expect both numbers to be much higher than we're seeing now. The stock is ludicrously cheap.
 
watchlist Created with Sketch. Add EVS (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $99.87M
Open High Low Value Volume
5.5¢ 5.5¢ 5.2¢ $251.2K 4.591M

Buyers (Bids)

No. Vol. Price($)
1 25000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 450452 1
View Market Depth
Last trade - 15.56pm 22/11/2024 (20 minute delay) ?
EVS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.