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dfer

725 Posts.

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03/12/17

12:57

Post #: 29326538
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Originally posted by Session ↑

If you're getting into AI as a prospective investment opportunity you can't look past FGO. Previously CR8 although they underwent a change in company name/ticker earlier on in the week. They've set themselves up to be in a position 12-18 months ahead of their competition in the field of conversational commerce.

Flamingo AI Limited (FGO), dealing only with F100/ASX50 clients, is a SaaS company offering clients in the financial services industry (insurance/banking sector) a fully integrated and configurable virtual assistant capable of machine learning to guide consumers through the journey of signing up to various financial products. Having recently gone live with Nationwide (F100 insurance company) and AMP Limted (ASX50 insurance company) FGO is set up for a gigantic 2018. Their list of other client engagements in nothing short of impressive and is worth a look into.

An important thing to understand is that revenues are generated on a per product line basis, with large financial institutions having tens if not hundreds of different products - meaning potential revenue streams per product (huge scalability).

Anyway, just a summation of my views seeing as your post caught my eye. As always dyor as this shouldn't be taken as investment advise and good luck.

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Thanks for the suggestion. I noticed the Hotcopper market cap has listed as $82.39M. My Comsec app says $48M. Would that be an inclusion of options?
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