Keen to keep developing my knowledge on DSE as it does seem an interesting growing business. The Qbooks deal is huge and can hopefully lead to a few extra bigger deals.
I also like Camplify but haven’t gotten too far into it other than I know that’s back to back solid quarters. What do you see as it’s biggest risks atm?
Most the 4C’s I followed this qtr were duds.. 😅 haha.
on Camplify risks: just like other cash-burning (mostly) small caps, there are so many risks.
Perhaps at the front of my mind is consumer behaviour; I wouldn't be surprised that more people are booking campervan trips now in this difficult economic environment, and that they may start booking trips to Europe again when things get better...
Also, they are in a bit of a race for market share (which is partly why they acquire so much). Another platform may win that race before them. Marketplace businesses tend to be winner-takes-all environments.
You're right though that many 4C's were duds. A difficult environment will quickly show you weaknesses.
Great summary mate.
Keen to keep developing my knowledge on DSE as it does seem an interesting growing business. The Qbooks deal is huge and can hopefully lead to a few extra bigger deals.
I also like Camplify but haven’t gotten too far into it other than I know that’s back to back solid quarters. What do you see as it’s biggest risks atm?
Most the 4C’s I followed this qtr were duds.. 😅 haha.
Thanks mate!
on Camplify risks: just like other cash-burning (mostly) small caps, there are so many risks.
Perhaps at the front of my mind is consumer behaviour; I wouldn't be surprised that more people are booking campervan trips now in this difficult economic environment, and that they may start booking trips to Europe again when things get better...
Also, they are in a bit of a race for market share (which is partly why they acquire so much). Another platform may win that race before them. Marketplace businesses tend to be winner-takes-all environments.
You're right though that many 4C's were duds. A difficult environment will quickly show you weaknesses.