K2F 0.00% 7.5¢ k2fly limited

totally agree sentiment wise it'll would be the ugliest of ugly....

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    totally agree sentiment wise it'll would be the ugliest of ugly.

    However, going by facts, their current revenue is composed mainly of consultancy work (over 80%, please correct me if I'm wrong). Infoscope hasn't gained a lot of traction yet.

    A lot of their consultancy work is not ongoing, contract by contract as usual in this field. So a large client dropping out in theory shouldn't impact their earnings long term as they are short term contracts anyway. However, the market is not a rational beast.

    This reminds me that in their quarterly, they mentioned they recently expanded to the east coast of Australia (sydney, melbourne) recruiting BDM in the cities. I'm expecting more contracts in the near future.
    Last edited by shioshin90: 12/11/18
 
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