September 2020
Stock I'm watching this month:-
CV1 - CV Check Ltd
Sector: Technology
Market Cap: 32.14 Mil
Price/Earnings: N/A
Price/Book: 5
Return On Equity: -22.26%
Return On Assets: -10.64%
Debt/Equity: 3.44%
Reasons to watch: CVCheck provides screening and verification checks in Australia and New Zealand. Some of their clients include blue chip companies like Chevron, OPTUS, Inpex, Crown, etc. Their software is also integrated with some recruitment companies, most notably LinkedIn. Their revenue, cash flow and ARR has been on an increasing trend for the past few years. This could signal a trend towards outsourcing the work of CV verification.
Risk: The company is still cash flow negative. This business model is still relatively new and might not see a huge industry acceptance.
Sentiment: Buy
Disclosure: Held
Current Price: $0.105
My Strike Price: $0.105 (Morningstar Intrinsic Value: $0.17)
Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.
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