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Article: Some Excellent CA Finds For You


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18 hours ago, firedog said:

Whether that means the losses have stopped is another story. 

 

https://www.rtbf.be/culture/pop-up/detail_qobuz-prepare-son-arrivee-aux-etats-unis?id=9772232

 

"Qobuz has a turnover of 9.1 million euros for 2016-2017 and a negative gross operating result of 4.8 million euros.

He expects to achieve profitability in 2020-2021 with a turnover target of 108 million euros."

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8 minutes ago, firedog said:

Expects is the key word. And what does Qobuz expect if their foray into the American market is a failure? 

 

Expects means they have a plan (whether good or not) and means are happy to accept losses for the next ~ 3 years.

 

Mind you, with a new boss, their plans that were linked around the time of that forecast may have been turned upside down since then. It's a dynamic world. 

 

The best advice is just to listen to as much as you can, as quickly as practicably possible ?

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