22-03-2023, 05:06 PM
![](https://i.imgur.com/CLvY2jA.png")
This type of company also can go IPO still want to venture overseas
22-03-2023, 05:10 PM
It's just an online housing agent type business.
Already have others in this crowded space.
Already have others in this crowded space.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
22-03-2023, 05:11 PM
22-03-2023, 05:22 PM
There si a lot of hype pumping like calling itself a "propeprty tech" company. It is just a simple platform for people tk sell homes.
3 numbers....
Market cap is $78M revenues is only $3.8M and company loses $1.6M.
You have to be really small to generate only $3.8M in the propeprty business. This like the earnings of just one top sales person jn Propnex or ERA.
It make no sense for company to IPO at this stage if any of the founders claim about growth and expansion is true.
![[Image: W4hvje1.jpg]](https://i.imgur.com/W4hvje1.jpg)
3 numbers....
Market cap is $78M revenues is only $3.8M and company loses $1.6M.
You have to be really small to generate only $3.8M in the propeprty business. This like the earnings of just one top sales person jn Propnex or ERA.
It make no sense for company to IPO at this stage if any of the founders claim about growth and expansion is true.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
22-03-2023, 05:23 PM
Why not? If they had sex with many influential people.
22-03-2023, 05:24 PM
Surprise GIC TS Holdings never invest on them?
22-03-2023, 05:25 PM
(22-03-2023, 05:22 PM)sgbuffett Wrote: There si a lot of hype pumping like calling itself a "propeprty tech" company. It is just a simple platform for people tk sell homes.
3 numbers....
Market cap is $78M revenues is only $3.8M and company loses $1.6M.
You have to be really small to generate only $3.8M in the propeprty business. This like the earnings of just one top sales person jn Propnex or ERA.
It make no sense for company to IPO at this stage if any of the founders claim about growth and expansion is true.
Your narrative makes sense......................
22-03-2023, 05:49 PM
Small businesses also can be listed. Revenue, 3.92m and Loss, 1.64m, is close to half.
22-03-2023, 06:01 PM
market cap so high .so the founders are worth at least 30millions$?wow so clever,just starts a company then go ipo a few yrs later huat so big
22-03-2023, 06:02 PM
22-03-2023, 06:33 PM
(22-03-2023, 05:06 PM)[[ForeverAlone]] Wrote: https://www.facebook.com/ChannelNewsAsia...3l?__cft__
What’s the company name? Cannot see the link
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