Ann: Trading Halt-IAM.AX, page-183

@GravyTrain01,

(*Gravy Train* "a situation in which someone can make a lot of money for very little effort." LoL


Can you please update your revenue, MC & SP modelling,
19158308 ,
after we know the identity of LEADING Independent. FP,
and
if # FP = 25, 50,100,150,200 etc.


fyi,
Min invoice per Practice per month $2,000" = $24,000 per year
http://www.intigerassetmanagement.com/#contacts_section
plus
SoAs revenue, $$ per fp, per year
plus
KLIP, LILLY – SaaS revenues, per year

(Lets see IAM ASX ann next week, or future presso can provide some revenue guidelines)

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Here is a longish week-end patch-up post to

@ Team IAM

Cap Structure:

4x 250m performance shares è M1,M2,M3,M4
$5.5m cash,
Debt free,
1050m sh + 303m op (Dec17)
= 1353m sh+op


Market Cap ?

x10c = $135m ( Kogan, Ovh) ?
x 20c = $270m (Rap, Smn - Zero revenue)?
x30c = 406m (Class1?, financial services)?
x40c = $540m (CAT) ?
x50c = $675m (Freelancer )?
x60c = $812m (??)

I have no idea how Buyers and Sellers will behave in open auction, when TH is lifted.


All I can say is:
You have endured for 9-12 months, gave up many ‘lost opportunities, so don’t give away your Iam cargo for a song.


Why?

We don’t know:

1) “Leading independent Financial Planner”
How big is the deal?
Future revenues in 6, 12, 18, 24 months ?

2) If M1 ($1m) or M2 ($3m) is hit,

3) F/C revenues in 6,12, 18, 24 months, in total, to estimate Market Cap

4) What PE to use- 50,75,100,150, etc?

Re “What if…Market Cap & SP….” 19020633


---

Think carefully before you let go of even a tiny portion to pay a bill or go an a vacation.

SP is likely worth a lot more than you think.
Mr. Market will decide next week.

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Read:

@GravyTrain01 , 19158308

@wisdomofsilence , , 19160813

..….This will be my last post on the IAM thread until the SP reaches 20c.
Believe it or not I think that will happen a lot quicker than many of you think, depending on when the info the
WHOLE MARKET IS WAITING FOR is released.

Glyco reply , 19164458
+


Another ‘What if…” today, in response to a question, minutes before TH

Glyco, 19194632 ,

Milestones (Financial Targets, $1m+3m+7m+30m=$41m) are commercial & legal contract that CEO MF must achieve before 30June2019, in order to earn his 4x 250m perf.shares

Let me ask you:
He is not going to all of sudden deliver $41M, in one day, on 30June, 2019.
Is he?
Answer is, "No"

MF MUST deliver those targets over the next 33 months, progressively, month by month, qtr by qtr, HY by HY.
Right?

(Why is IAM Phillipine office hiring more paraplanners?.
To do cosmetics or make coffee and tea?
Did IAM stop doing business from Jan 16 to Sept 2016?
No revenue generated? ?
Think =)

Here is my previous audit and accounting skills, years ago, putting into use here:

So, lets say,


Npat is hit gradually - $5m,10m,15m, 20m, $30m
Acceptable to you?

This post 19164458,

If you read carefully:

1) @GravyTrain01 says sp is 37c ($50om MC), today, based on his f/c.

2) @d_l_b mention the possibility of one of the big players (AMP, NAB,..) signing up

3) i say ST to MT sp can hit 5c to 60c , in 6 weeks to 6 months.

If you think its too optimistic, halve it to 30c in 12 months, for margin of safety

Why?
Lets reason together:

What if between today and 2November (and more news till 2Dec) we have the following asx updates:

1.A big deal with or without names, and 200 or 300 financial practices all in one go.

Meaning

i) M4 ($30m) will be hit well before 30June19.

ii) Other progressive Npat $20m, 15m, 10m will be hit within 12-18 months

So, applying PE of
50,
100,
150
you will get a young unicorn, and sp 10c, 20c, 30c, 40c, 50c, 60c??


iii) How would you react to a TRADING HALT?
Buy before or after TH?
Your call.

However
iii) I don't need to know the future news. In fact without news, i can accumulate more at lower sp.


Revenue-growths are more important, with or without news.

IAM future is spelt out, in black and white, in M1 to M4, ann to asx in Jan2016.

(Sp has risen from 2.6 to 3.7c, on now news.
Imagine we have news)


You and i have a rare opportunity to invest, to wait, or walk away.

That's why our little 'huddle team' (of which iam the least qualified and has smallest brain power) has put in substantial amount of money in IAM, news or no news.
Still buying.

Best wishes
Cheers
G

Aimo
Dyor
Check all facts and figure with your financial advisers, before you buy, hold or sell.

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PS

1) I suggest you check up and google Paycom Software, SaaS, USA.

Code PAYC

2014
Npat=$7m, IPO, EV=$750m ,
Today
2106, EV = US$2,500m

PAYC Npats have progressed in similar pattern to IAM M3 to M4
http://www.nasdaq.com/symbol/payc
http://www.nasdaq.com/symbol/payc/financials?query=income-statement
http://www.nasdaq.com/symbol/payc/earnings-growth
http://www.nasdaq.com/symbol/payc/pe-growth-rates

----

2) As long as IAM Quarterly 30/9/2016 show revenue is growing,
it must Re-rate.
Because it MUST march towards M4, by 30June 2019, or sooner.


3) If you can find another IPO or RTO with similar commercial targets
M1-M4,
in asx or Nasdaq, last 12 months or next 12 months, then i'd donate $5000/ to a charity of your choice =)


3) I don’t have time to reply to any other questions.
(Mrs G is getting suspicious of the time i spent with Miss Hot.Copper)
Enough said in all the threads from SRT to Iam .
Dyor.

-------------------------------------
IAM trying to 'calm down'

*Will post this to "What if..." thread for future ref.