The Real Wojak
樓主
TWIMO (151403908)
:
I’ve actually been having a pretty hard time with technicals here. Was basing my entry and exit more off of fundamental valuation and thought this was a good deal around $16-18 but support broke and it ended up going all the way down to $14. I think it should be worth a lot more considering they are growing revenue at over 20% and are maintaining good profitability as they continue to scale. Last quarter was over 200M revenue. On an annual basis close to $1B revenue and over $100M profit. So at a PE ratio of 10 they are still worth over a billion dollars. I think this company should be closer to 15-20 PE ratio but there’s concerns over the China Tarrifs and being placed on the US Entity list, however most of their business actually takes place in China not the US so tariffs shouldn’t have much of an impact imo
The Real Wojak 樓主 : Small position, thought with Trump administration oil would do well. But for now oil prices are being kept low