AB1 0.00% 18.0¢ abarta resources limited

Thunder, continued investment in e-book development to further...

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    Thunder, continued investment in e-book development to further leverage Mattel JV was a key contributor expenses surpassing revenues (these guys are actively growing app portfolio and MAU's - this costs), albeit portion of these costs specific to Mattel JV will be re-imbursed in due course - refer to Boss post above "Taylor Collison Analyst" As for some forward guidance I found the following Veritas & Baillieu Holst research notes very helpful, they contained 2017 and 2018 forecasts and are quite recent ie March 2016

    http://images.animocabrands.com/wp-...ted_Multiple-Milestones-Achieved_8Mar2016.pdf

    https://www.baillieuholst.com.au/publishedresearch/2016/AB1_01mar16.pdf

    Anyway, Ab1 has been listed for just over 12 months and by the looks of the eagerness of quality names in Asia to inject capital and the fact that brand leveraged app/e-books IMHO are the way to go when targeting younger mobile demographic, AB1 gets my tick - for what that's worth and seemingly that of major names like Ourpalm, Intel Capital and IDG-Accel , not to mention a local whiz backed Startive Ventures. If you believe that mobile gaming/activity based e-books have a future and relationships in Asia especially China are important - then AB1 is worth the punt, as by the time profitability hits we won't be in the 20's. But, as always it maybe prudent to sit back & wait until Ab1 gets the runs on board, that's your call
 
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