STT Weekend Lounge September 9-11, page-115

IAM

Chart update on IAM for Friday's end of trading and a bit of some information for anyone new to IAM or just a refresher for old SRT investors.  

My comp tip for IAM made 41% within a few days of the tip and still few weeks to go, chart looking very bullish and continues to rise and build strongly on high volume, soaking up supply and then moving up again, very strong movement and trading and this is all on no further news yet to be released by the company.

The management team on board are first class, stocks like this are rare, even XPE doesn't compare.

Mark Rantall - Former CEO of the Financial Planning Association Australia

Couldn't ask for a more qualified figure to become chairman of Intiger with all their connections into the financial industry and what they have contributed to the Australian Financial Industry and their work at NAB previously. You don't leave a cushy post as CEO to join a little spec stock just for the hell of it.

Patrick Canion - CEO and C0-owner of iPAC (AMP subsidiary)

Another amazing figure to join the board and management of Intiger. Patrick Canion has stated in some recent media reports that they iPAC have been using Intigers services for 6 months or so and this has allowed them to make significant cost savings to the business that has further allowed them to hire additional financial planning staff and their fp have more time to focus on clients and to acquire more clients because of the services Intiger provide.

So iPAC are already a client and AMP also have been using Intigers services as they note in one of their documents to clients how some work may be completed by Intiger overseas; No actual details have been released yet as to the extent of the arrangements/revenue being earned from these. But having such a prominent figure such as Patrick Canion on board and using his own business to use Intigers services and the contacts within the industry, being under AMP, a lot to this and more to it than most understand and realise. (Integra is a subsidiary of the Intiger Group)



Article here: http://www.professionalplanner.com....s-of-outsourcing-paraplanning-offshore-46705/

Mark Fisher - Founder of Intiger

A very extensive background in the financial industry both in Australia and Internationally, most notably he was the one to orchestra and develop the outsourcing development business setup for GE Capital. Won't go into detail of Fisher as there is a lot, but Fisher has immense knowledge, experience and contacts within the industry.
His resume includes: HSBC (1998-99), GE (1999-2004), Barclays (2005-07), JPMorgan Chase (2007-08), Boston Consulting Group (2008-09), McKinsey & Company (2009-10), HSBC (2010-11), Barclays (2010-13), Royal Bank of Scotland (2011-13), Intiger founded in 2013.

Further info on his Linkedin profile with detailed descriptions of what he did for each of those companies, quite the resume.

The fact Fisher agreed to the performance shares for hitting milestone NPAT targets terms of the acquisition is a very strong indication he believes Intiger can achieve these milestone targets of M1- $1m/ M2 - $4m/ M3 - $11m/ M4 - $40m. All targets must be met by 2019 in order to receive any shares at all, gives a strong motivation to hit those targets so he gets control of his company back with each milestone providing 240m shares once each target is hit.

Mathew Walker - Director of Cicero

Walker was my personal reason for initially investing into SRT when it was still a shell and had no idea what the acquisition would be. Walker had 100m shares and now has 105m in IAM with a further 20m options. This was his largest holding by far of any of the shell stocks he had helped with an acquisition with Cicero. Other shells he has been involved with Walker doesn't remain in the company, however with IAM Walker has remained on the board and still remains as the largest shareholder. Walker had stated unofficially at one of the AGM's last year prior to IAM acquisition he expected at minimum a 10c-20c share price target. In order to hit M2 i believe (correct me if I'm wrong) they only need 40 practices to sign up and are already in discussion with 12 i believe it was.

When one looks at the NPAT milestone targets and a rough calculations, Walker had stated this at the last AGM to get out your calculator and see for yourself when pressed for share price targets.

Thanks to @Glyco for these calculations (not advice in anyway, just basic calculations)
http://hotcopper.com.au/posts/19020633/single


Since from M1 to M4, EPS YoY % growth is 100% to 200%, we can use PE 100 to 200.

(re Class1, Freelancer Aconex – PE 80 to 120)


" Forward looking 12 months, for valuation”


a) Lets assume M1 $1m, is reached in 3,6,9 months

Pre M1 $1m
1350m sh+op

MC
= $1m x 100, 200
=100m to $200m

Sp = 7.5 c - 15 c



b) when M1, $1m is hit then looking forward 12 months time, M2=$3m ,

1350m+250m = 1600m sh+op
MC
= 4 x 100, 200
= $400m to $800m

Sp = 25c to 50c



c) when M2, $3m is hit then looking forward 12 months time, M3=$7m

1600m+250 =1850m sh+op
MC = 7x, 100, 200
= $700m to $1400m

Sp= 38 to 76c



d) when M3.5, $10m is hit then looking forward 6-12 months time , $20m to ??

Pull out your calculators !


In saying all of that what a week!!

3.1 on Monday to a close of 4.3 Friday!!

Continues to make new highs! All time high of 4.4 today and highest close at 4.3!

Charts looking primed and very bullish!

Daily Chart

Three white soldiers formed on the daily chart, a very bullish signal, with today's end of day candle a very long solid body green candle, very bullish, closing at a new high with very decent volume.

Highest volume traded since re-listing with 84.5m approx Friday! And majority of that soaked at 4.2c (28.7m) and 4.3c (25.9m) with 4.39m at 4.4c

Bounced off support at 4.2 with supply dropping during the day at that level towards the end of the day, with buyers coming in and taking out 4.3

MACD trending up and the EMA and MA also trending up, both closely aligned which indicates the uptrend is only just starting and still has more to go.



60min Chart

The 60min chart shows the ascending triangle formation, where the stock is trending in a strong uptrend and bounced off support at 4.2c three times in the day with volume dropping each time it attempted to be sold down, buyers coming in and taking it up to 4.3c



10min Chart

10min chart shows the symmetrical triangle that i noted earlier in the day and the breakout that occurred in the afternoon. Bouncing off support at 4.2 throughout the day.

MACD trending in an overall uptrend, the short day trend now reversing back up to continue the uptrend after the selling down to 4.2 and buyers coming back in to take it up to 4.3 and touching 4.4




Overall setting up to be a very good week next week and should see further gains and new highs made and with news still to be released at some point, things could start getting very very interesting.