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David's avatar

@ Mark - Happy to join the discord server ; sounds useful but you would need to send me an invite I believe ?

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Maddox's avatar

BKS: I always appreciate a Company appraisal written with a negative slant - I'm very optimistic by nature and I really need a contrary viewpoint. BKS looks very capital intensive based on a snap-shot set of results - investment has gone into two new product propositions and a third on the way. Also, each contract win requires up-front capital investment - so funding expansion will clearly require additional capital.

The above analysis, by matching current revenues (that haven't yet benefited from this investment) against the investment spend and concluding that the business model is flawed - is too easy and isn't very helpful. The key question is whether there is a continual need for capital investment and if so does the pricing adequately reflect this?

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