CF1 0.00% 2.0¢ complii fintech solutions ltd

Ann: Intiger Market Update, page-113

  1. 1,094 Posts.
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    "For me personally, the risk isn't worth it and I am no longer holding. I will see where the SP is when the dust settles and decide if I want to re-enter. Don't really feel like catching falling knives."
    __________________

    I'm bemused at this comment.

    I'm not one to sit here ramping the hell out of this stock. I respond to other's posts and either agree or ask for clarification/justification when the logic in a comment fails me.

    This is one such time.

    Please explain to me exactly what "the risk" you refer to here is (presuming you are not a DT of course). I presume it's one of the following....

    1) "No one's interested!" - Hmmm.... Waiting list of 13 months AFTER several pending MOU's (with 500+ FPs per MOU) plus Sentry (400+). Nope... plenty of interest.

    2) "It doesn't work" - well at least 9 FG Groups (IPAC WA, IPAC SA, etc) have signed long ago and been using it for up to 12 or more months. Nope... seems to work.

    3) "They can't achieve their financial targets" - Formal 3-year term NPAT goals have been announced from Day 1.... disclosed prices and calculations have shown they can reach those targets with Sentry alone.... AND.... even if they can't >>> refer to MOUs and waiting list. Nope.... any one of a few pending or mid-distance (MOU) signatures will get us there.

    4) "The price might fall further". Ahhhh ... there it is. You know what. That's possible.... but "So what?" Prices rise and fall at the whim of things like short-term delays/Xmas cash pressures/runs in other stocks/general market pressures/the wife orders you to "Sell!" etc.

    A SP drop doesn't detract from the long term prospects of a de-risked beast of a company like this one ( sorry.... please forgive me a tiny up ramp). It just reflects the ST attitude of SOME people. The fundamentals remain unchanged.

    But honestly.... in the fair dinkum department.... this stock is so de-risked now that several massive problems would have to hit all at once - the perfect storm - for this to fall in a heap.

    So..... tell us all.... specifically what risk do you speak of ?
 
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