FND 4.26% $4.50 findi limited

Ann: Findi raises $37.6 million ahead of TSI India IPO, page-20

  1. 147 Posts.
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    Once day traders leave and the company starts presenting these new happenings properly alongside what we already know i.e.

    1. roadmap to Bombay listing (Which we've just been validated at 160-200m valuation, despite market cap of 40m)
    2. confirmation of 20m + ebitda guidance on track for a 40m market cap (wtf)
    3. White label license increasing ebitda on all existing ATMs
    4. new contract tenders expected to win
    5. dividends on the way
    6. essentially debt has been wiped by this new investment

    This valuation is insane and i'm not selling anytime soon. And my favourite part is that we don't even need market validation because even if the asx keeps sleeping and the Bombay listing doesn't materialise, we are in a position where they could pay dividends over 2 years that would equal an investment made at todays current prices.

    If this sounds like a stream of consciousness its because it is and if i genuinely tried to articulate all the ways this valuation is ridiculous it would be a short novel. Well done to all holders and here's to much more of the same!
 
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