Watch This Space, page-3145

Well let me say that I am surprised how many people become so easily weak at the knees.

Things take time to build in regards to relationships and partnerships so the only thing I have seen change is the sentiment from the market for 10 year bonds diverting capital away from growth stocks.

I agree the last announcement was a little desperate but that is the least I would expect a company to say if the markets were moving back to value stocks and wanted to remind people of where SPT is right now.

I expect the new appointments will have clear KPI’s in their employment contracts and an announcement
will be coming soon and possibly today or tomorrow before the meeting on Thursday. You don’t get a senior role unless you bring something of value with you.

I am still ahead but have watched it slide from 130% gain to a few percent now but I still think the winds will favour SPT as there is more and more talk about regulating BNPL and no doubt the banks will be lobbying the government to do so. The crux are the retailers and what they choose to offer and fees for service.

This industry is still evolving and I still see tremendous upside for SPT, and not issuing new debt and offering people the ability to use unused CC debt is very attractive.

Goldman Sachs wouldn’t offer warehouse funding without due diligence and it certainly isn’t a small unknown banking syndicate either so that should speak volumes on its own.

I think my patience will be rewarded and if I drop into negative territory, then I will average down and increase my stake.