Still havent had a reply how can anyone justify a market cap of circa £175 million when the company is set to make only a trading profit of 300k annualised. Its ludicrous and the share will dive in time just like all the former blue skyers of the dot com era.
Errr...yes you bloody have! You just chose to pour scorn on it.
Poland!
Look at the profit figures coming out of there at the moment. And look at the growth rate. As a stand alone entity that'd justify 175M. BUT of course they don't have control of it so that warrants a reduction. However, the staggering improvement in profitability in Poland over the past few years warrants some "jam tomorrow" premium for the rest of the sites, particularly Switzerland which has been showing strong growth.
How much of a reduction for the first point and how much of a premium for the latter is down to personal opinion. Ignoring the potential positive aspects completely, as you have in your posts so far, suggests your decision to short was made on extremely shallow principles.
But more than likely you know all this stuff, you're just one of these people daft enough to think these BB comments really affect the shareprice and so refuse to publicly acknowledge any counterargument.
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