Ann: 9Spokes signs distribution partner agreement with Fundation, page-19

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TheAnalyst007

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18/08/20

10:34

Post #: 46615281
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Originally posted by Mr.Gold: ↑

Market not going for this alike the VISA deal... my guess is that traders are dubious as alike what happened with the last major announcement... the VISA partnership opened up at near 100%, sold down in a blink... hence todays announcement has been taken with caution...

I would say its all due to unknown revenue....

Took me a while to understand how revenue is derived from the 9SP platform... when you look at these new partnerships that are taking place nothing is mentioned regarding potential income, and with good reason, its too hard to fathom as its up to the individual companies that use the platform to what extent they wish to use the APPs that are promoted on the 9SP platform...

What will be the true rerate is the constant growth... the Qtrlies will paint the true picture, even at present it will take a while to get these partnerships into full swing with their own client base... IMO 2021 will be the true re-rate for 9SP... in the mean time it may be worthy of taking up a strong position and accumulating a steady holding while awaiting streams of revenue to come in...

Also we do have the possibility of a large holder selling a portion of his shares due to him moving on...though he said he will remain a shareholder, doesn't mean he wont cash in a few at current prices... and thats his right...

Im not a big fan of holding mid/long term any stock, however I think many will be rewarded here in time, as such platforms as 9spokes are the way of the future for big business... they offer convenience, accurate data, and above all an understanding of effective marketing expenditure... I am considering holding to at least early next year in the hope that revenue is some what game changing... if we have a few runs in the mean time I may attempt to get some free carry as I do have a large holding...

market may be a little dubious as mentioned... but it will wake up, media exposure will circulate again today and through out the week...

patience should be well rewarded... I will say 9spokes is very proactive, and for big companies to be partnering up shows serious confidence moving forward... It would seem patience is the key here... bring on the revenue, then the true insight will wake the market up for a accurate re-rate.....

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Fantastic comment. I agree, this is a long term hold for sure. 100% daily gains are great and all but I’d prefer consistent smaller daily gains over a one off FOMO run any day of the week. To be up 10% in one day is great in itself, you’d have to have your money in the bank for decades to get a similar return to what we are getting in just this one day!

9SP Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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