No one looks at the fundamentals of this company any more, because all this sh#t that is around the company.
The deal not going through means EGNS still owns the 51% of the JV, so nothing has changed as before.
EGNS also achieved the deal with CA.
EGNS will negotiate a JV with the subs. of Dimension Data for SA and SE Asia.
Revenues are up aroun 75% from last year up till now, expected for the whole year up around 200% (IMO).
For next year revenues should really take off and I think $ 10 mln. will be possible easily.
So, everything looks so much better than a year ago and the stock price is lower. Ed is confident about the business, growth is great and will continue into next year.
Well, like I said many times, we have to wait for this company to be at a much higher price, when the revenues are for real, so in a few months.
For now, all the people and brokers Tedrow knows are already in the stock and they are not buying more, they have their positions and don't see anything happening with the price so they will sitt on it.
Thomas did some great things for the company but we need new people looking at the company.
Now, people are only confused by the possible selling of the JV stake, which not takes place. Only confusion which doesn't help the share price.
Waiting for better times,
Rene. |
