Friday, September 07, 2018 3:24:35 PM
That said, the information readily available to us supports the idea that the company is growing and doing well. It also supports the idea that Roger has given incorrect timelines before. That is true. But incorrect timelines do not cancel out the company’s growth. As an investor a question I ask myself is “what am I investing on?” “Am I investing in the company, or in Roger’s ability to communicate a timeline?”
My answer is that I am invested in the company. As long as I see the company grow, I can hold myself at peace. Why? Because as the company grows, so will the revenues, and higher revenues mean higher PPS. And yes, I can see the growth. I can see that a new location is about to open in the US, and I trust the team behind the expansion when they state that new locations will come.
The other side of the story, the trolls, claim that everything is bad. Is their story believable? It is completely lacking of evidence! The only thing they have going for them is the number of times that the CEO has “thrown an egg on his face”. The trolls seem to be heavily invested in the CEO’s ability to communicate a timeline.
As an investor, for me, the most important thing is the revenues. Is the company generating revenues? Is there a possibility that they will generate more revenue in the future? What is the gross margin of revenue that the company keeps for itself? Is the management working towards improving that margin? Do they have a strategy in place or is this all Willy nilly?
The answer to all those questions is positive. Snakes is bound to grow by leaps and bounds...and it is happening right before our eyes. To compare that growth to what the trolls are saying is laughable.
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