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tessastanle

245 Posts.

36

26/08/18

07:50

Post #: 35183753
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Originally posted by tessastanle ↑

Folks,

Don’t worry about it.

Here’re my numbers for FY19 (DYOR):

$8m EBITDA on $38m revenue ($28m management services, $10m tech). Cash in the bank. IP amortised as it goes so limited risk of surprise writedown. Insiders locked up %40 of the company since day 1.

Price target = 50c

The Big Fella is going into his 5th year of his investment in SPZ. He would be going ‘enough is enough, no more excuses, no more stuff ups’. It’s getting a little embarrassing for him few years on and watching market cap going nowhere. Gillespie and Ludbrook would need to hit these numbers no matter what or risk getting shown the door.

Fundies who get burnt/bored would exit as few already have. Players remaining would continue to bounce few hundred thousand shares to engineer a decimal point advantage each day over many months. Up to you whether you want to follow the bouncing ball daily or play a long game when few cents wouldn’t make a difference.

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Disclosure: still holding (no change post report on Thursday), and sentiment now changed to buy.

SPZ Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 61.5¢		Change 0.015(2.50%)		Mkt cap ! $213.0M

Open	High	Low	Value	Volume
60.0¢	61.5¢	60.0¢	$34.47K	56.40K

Buyers (Bids)

No.	Vol.	Price($)
1	35252	61.0¢

Sellers (Offers)

Price($)	Vol.	No.
62.0¢	11363	1

View Market Depth

No.	Vol.	Price($)
1	35252	0.610
1	1600	0.600
1	78401	0.595
1	60000	0.575
4	27271	0.570

Price($)	Vol.	No.
0.620	11363	1
0.625	3000	1
0.630	37931	2
0.635	6759	2
0.640	43203	4

Last trade - 11.01am 30/08/2024 (20 minute delay)

SPZ (ASX) Chart