SPT (ASX) Is SPT Prime for a takeover?

Originally posted by tommyb007: ↑

Sorry, $2-$3 ???? I think you are just too over confident and optimistic.

Unless you can provide some specific calculations how you can come up with those target share price. I don’t understand how your post could get a like. It’s rubbish and non facts to back up.

You guys gotta stop living in the dream with those merchant sales volume. So what if merchant sales volume is 10B dollars or 100B dollars, if it doesn’t contribute much to Spt’s revenue stream at all.

You can have Billions and billions of MSV but not every single customers use or choose to use splitit at checkout, it means nothing. Just for example Spt partner with Coles or woolies, you proceed to checkout and make the payment. Those sales go straight to Coles and woolies. Spt got zero incentive if customers don’t use Spt at check out.

once again, please provide to calculation to back up with your $2-$3 claim and $10 in years time!!!!! Sure, you don’t get taxed for dreaming.

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You are confusing the total addressable market (TAM) with the MSV which is the actual volume of retail sales processed by SPLITIT

If you have a look at the TABBY announcement you will see the UAE and Saudi markets estimated to be $7Billion and $11Billion respectively - this figure is the TAM. At present there is no reported MSV so it is all upside.

If you have a look at the Bank of America presentation you will see 12 month reported MSV for Q1 of $305 Million up 233% YOY .

The revenue earned from that MSV was US $10.4 Million up 348% YOY

I don't know offhand and don't have the time to work it out for you what the TAM that the MSV and revenue were based on, but as you can see they are growing. If you add another $18 Billion of TAM to what they already had and do it with one partnership I think it is fair to say that the MSV will continue to increase rapidly. And there are more to come.

btw I can't see SPT being used at the Coles checkout pretty much ever.

If you want to talk the stock down please do us all a favour and make an effort to understand the terminology. Maybe read a few reports. If you look at the end of the above reports you will see the definitions clearly laid out.