For a company that is the 6th fastest growing business, according to the Deloitte index, in the country surely we have to see serious action on the share price in 2014.
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For a company that is the 6th fastest growing business, according to the Deloitte index, in the country surely we have to see serious action on the share price in 2014.
Not necessarily. If the fastest growing company is also growing its expenses at a comparative rate its shareprice should decline. At the end of it all the free cash flows will determine what and where this company ends up as far as SP is concerned. I do not have an opinion on SNK either way but some people seem to think that growth is everything. Growth is good but EPS growth needs to follow and expenses growth needs to be mitigated or else you end up growing towards bankruptcy.
Hey moosie_900, just in case it takes you a long time to work this out yourself. Your inbox is full (so you can't receive private messages). :)
(Sorry about the unrelated post everyone else).
It was the 6th fastest of those that entered, and the whole concept is hugely weighted in favour of start ups that work off a low base.
thanks for that blackcap. Quite right of course.
I have some predictions come Monday...
SP goes up = Moosie: "I had faith all along, the results were bound to come given the increase in the market for mobile advertising."
SP goes down = Moosie: "I sold out on opening, guess Sorehead decided to sell down completely, dodged a bullet there!"