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Better than RFN. Here's why., page-2

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Smokedog

1,840 Posts.

16/11/15

18:10

Post #: 16407809
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Originally posted by neutralopinions ↑

Since RFN IPO'd we had it run from 20 cents to $1.93.

Here are the catalysts

August

ASX 200 companies among 3 new clients for REFFIND

REFFIND expands into Asia in milestone deal with Randstad Te

Preliminary Final Report in which revenue is highlighted at 20K

September

Acquisition of employee recognition platform WooBoard with 46 existing clients @ higher valuation.

Price was around ~~77 cents which went on to double bag.

Initiation of research coverage by Foster Stockbroking

Oct

Appendix 4C - quarterly invoiced $119k and revenue at 38K.

November

REFFIND signs two clients and enters hospitality sector

atm RFN valued at ~~91 cents approx market cap close to 100 MIL with 40K in revenue received.

So the folks at CHP after their first listing did some things really well.

Good product to start off

Revenue generating from day 1

Got it covered via stockbrokers

Put their skin in the game

Completed an acquisition immediately by utilizing their high valuation.

So one begs the question why such a wait for CMY to list ?

I have the following assumption all IMO for CMY to do better than RFN. This is the list of things the folks learned and are now looking to fully capitalize and improve on their knowledge

Revenue plays a big role in valuation

RTO , raise the value by strategic clients acquisition.

Get some coverage and broker involvement.

Complete a valued acquisition to cross sell on existing services.

Some more clients

Strategic partnership

More revenue

Now if VAMP is the product subject to RTO , I did a brief analysis a while ago and I find that the additional 3 months is significantly used for VAMP to

Increase the existing client base by using the CHP/RFN connections

Increase revenue before listing

Prepare for broker coverage immediately

Get proposal ready and weed out bugs to make it a beta launch.

With the existing Mcap close to ~6 mil this should 20 bag and hit close to 100 MIL marketcap if they could show close to 100/150K in revenue purely based on the interest around the CHP/D4 people. I think there revenue may already be close to 45-50K/month.

Either way good value hold for now.

Expand

Neutral, I really really like your summary. You know my views on VAMP going into CMY (absolutely no chance in case others didn't).

I assume you will be buying into VAMP once it lists on the ASX under its different code since you are very bullish on it?

Also what competing agencies were you referring to paying 7/k a month per client/campaign?
Are you assuming close to 45-50k per month based on the clients shown only on there website?
CMY Price at posting: 1.4¢ Sentiment: Buy Disclosure: Not Held
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