I don't see it as bad as most here! The numbers are going in the right direction, but at the moment the share is not cheap, although it seems. Very high P/E ratio as well as very measly margins! However, a lot of negative should be priced in by now, as the board has warned that customers are turning to cheaper products. Conclusion: If the figures continue in the right direction, then 🚀, otherwise 📉 with total loss risk! Hot Zock, instead of solid investment!
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@GordonGekko83 I see it similarly. They are already very heavily oversold. They have 70% subscription revenue and strong cash flow. However, I don't see the risk of total loss, because they are profitable and have strong customer loyalty. Rather Petco and co will get problems because of their costs/ business and the margin. Growth will come back in my opinion also because of the development of new markets. Anyway I am curious. Thanks for your comment 😊
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@BamBam84 sure! Was quite interesting for me and I had not the value on the note, but because of the many negative factors eingepreist du d I bought a small tranche with small leverage. The next figures will show it! 🚀 or 📉
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•@GordonGekko83 😊 about the entry point can be argued and you can say what you want about analyst estimates, but the targets are much higher, it is very much oversold, so a counterreaction more than overdue. Interest rate environment of course not positive for the share / consumers, but better now than if I had entered at 120 dollars 🤣
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