Well said 612! Thanks @Stig, full respect but I couldn’t help...

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Zingy

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01/11/21

09:43

Post #: 57221367
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Originally posted by 61289439: ↑

Thanks for clarifying @Sebby. So if that is the case and we have $450,000 from last quarter - that's $1.8 million annual. Add approx $4.2 million from IDSB, that makes $6 million and then we have the isentric to add - that I would need help on as I can't recall exactly what that division makes, but fairly certain it is about $1 million (though happy to be corrected on this), so we are looking at $7 million. MC of $140 gives us a 20x multiple. Considering we are in a massive growth stage, I think 20x is stingy. Good news that IOU has confirmed they will be doing a mid quartely update along with end of quarter, so in six weeks time, if we see a good increase in both the TTV and NTR, the MC and stock price will definitely get a kick up.
At the end of the day, whatever way we look at it, the numbers were solid, we have a huge amount of onboarding about to be done, IDSB loan book growing at a terrific rate, Malaysia coming out of lockdown, Razer supposedly live starting today with first test merchants, iPay88 still active, SEA expansion back on the books - and the list goes on. It's just a waiting game with this stock as all of the aforementioned come to full fruition. I'm certainly excited to watch it all pan out.

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Well said 612! Thanks

@Stig, full respect but I couldn’t help but call out your comment that “Sebby redeemed himself” hahaha that’s a little ‘Tyrant’ like don’t you think

Last comment is bang on, ‘discuss positive and negatives’ the operative being Discuss. No idea what you mean by other place you prefer .. afraid to ask so maybe leave it at that

anyway great banter and good luck all,

IOU Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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