CMicrocaps @CMicrocaps
Showcasing ASX microcaps | Helping ASX microcap companies share their story & giving investors direct access to corporate management teams. coffeemicrocaps.com Sydney, New South Wales Joined December 2018-
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Our next Coffee Microcaps Morning Meeting is happening this coming Friday, 23 October. We will be joined by Intelligent Monitoring Grp $IMB & @PainChek $PCK for this Zoom webinar. Thanks to our event sponsor, @DMXAsset, for their support. #microcap #asx us02web.zoom.us/webinar/regist…
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@RonShamgar We are back in that part of cycle. Can add MXO to the above list also.
$RTH.AX acquired at an eye-popping 93% premium, but it's still only ~2x ARR (which has compounded at 27% largely organically since FY22), a decent discount to the ~3x ARR $BET.AX was acquired at by Tabcorp. Speaking of Tabcorp, surely $RTH.AX is a better target than Foxtel!
Jack Austin of JC Equity joined me for the latest edition of the Coffee Microcaps Fund Manager interview series. We discussed 2 of the fund's current stocks @G8Education $GEM & Coast Entertainment $CEH #asx #microcap Interview is on the YouTube Channel youtu.be/Hx8pi1s-wlk
Excellent insights in here on both the KME and MXO takeovers from the DMZ team. #asx #microcap
In this month’s DMXCP report we discuss three emerging companies with global opportunities that we met with during the month. In the DMXASF report we provide our thinking on the takeover offer for $KME which has now been recommended by the board dmxam.com.au/monthly-report…
Some goodies in here and many similar sins commited by ASX microcap boards
I’m constantly amazed at the horrendous capital allocation decisions microcap management make. Here’s a list of past behavior historical red flags you should include in your AI prompts: 1. When companies have an ATM and a buy back in place at the same time. 2. When companies buy
@StarDestr0yer And not something that is easy to resolve. Will hang over the stock for a while until they get the ok from the ATO and ASIC. 🙈
Multibaggers 5X or greater in the last year 🇺🇸 They don't usually look like multibaggers at first: 20 names total* 👉75% started unprofitable - several are now less unprofitable 👉50% started as microcaps 👉35% biotech/healthcare *of 4,300 starting with revenue, >$0.1/share
@bowtiedstocks Repeating the mistakes of the GFC where liquidity/redemption profile doesn’t match the underlying asset profile.
Still feel a global debt crisis is under priced in global equity markets. Kinda of it’s fine, it’s fine OMG it’s not fine kinda of situation still to play out.
🚨 SCOTT BESSENT EFFECTIVELY CONFIRMS A BOND CRISIS, SAYS MARKET TOO ILLIQUID TO CONTROL Treasury Secretary Scott Bessent went on CNBC and said the quiet part out loud: He raised the size of U.S. Treasury buybacks because “we are in a very illiquid period. The market is moving
Interest rates ⬆️ Borrowing Capacity/Affordability ⬇️ House Prices ⬇️ Net Net no change?
@AlexSundich @ActivePortGroup Good luck with the new role Alex.
@bowenhosking There is a lot of big projects also getting cancelled as well. Inland rail and the western Victoria electricity interconnect that come to mind. Federal and State budgets are under pressure which could yet play out in more delays or cuts.
@RonShamgar It is great line 👏 and not far from the truth
A quote from the Coffee Microcaps Conference yesterday was that Koala 🐨 Ltd $KOA described as “imagine if Nick Scali and Temple and Webster had a baby” are now presenting at the ASX Smid conference
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