Reasons why 2021 could well be a transformational one for 9 spokes...…...IMO
* Operating revenue achieves cash flow positive...……? * Impact of Fundation and Visa partnerships revealed........? * Market receives an update on the total subscriber numbers ...…..? * SaaS modelSoftware as a service (SaaS) is gaining real momentum globally ...…….? * New partnerships: either directly via 9sp, or indirectly thanks to VISA and other partners ...…..? * Our global VP's in America, Asia, Australasia and the UK start to generate new business opportunities...……?
It would be helpful if Adrian shared some more accurate financial forecasting based on actual not conservative guesses (perhaps best and worst case, rather than purely ultra-conservative). He has consistently said over the last 6 months stated that 9sp is a long-term orientated business with ambitions for high-growth and a "rewarding few months" lies ahead (well at least that is what he said in September 2020)...….. tick tick tick. He has also stated 9sp will remain agile so it can continue to innovate, invest in new products and customer growth, and respond to opportunities and changes in the global operating environment.
That's a lot of potential, and odds are that more than one of these will occur in 2021...…….IMO
DYOR
9SP Price at posting:
2.4¢ Sentiment: Buy Disclosure: Not Held