Very interested to see how this move's next week & leading into the next lot of news.
Can't wait to get an update on the Soft-Launch & How things are progressing further... As i've alluded previously now that they have the License things can pop-off REALLY quick now.
Boxes ticked that give me reason to believe this isn't just another wanna-be in the sector:-Right marketWe can see in Australia the market is diluted (SPT/APT/Z1P/HUM/OPY etc)
They're
targeting Malaysia as the starter where they're already based & have strong presence/clientele list
-Strong Existing Clientele List/PresenceAlready processing over 17,000,000 customer iterations per month, they already have a big list of clientele ranging from Telco's, Bank's, Automotive Brand etc etc
View attachment 2886625-Undervalued In-comparison To Other BNPL CompaniesObviously the other companies including the juniors go from MANY MANY multiples to MANY multiples in Market-Cap.
Moving forward with good follow-through & progress with the company, i would expect us to begin playing catch-up.
Here's a recent Market-Cap Comparison:
View attachment 2886676
-Exceptional Management TeamI've emailed off enquiries just a couple of times I've always had prompt response and from how the team is progressing (Beating their own timelines), making exceptional recruits to the team, being forward thinking...
I have faith here more so than other companies I've taken a stake in the past.
You can see glimpse's of it, if you read what you see carefully and think thoughtfully... what you want to see in an up & comer it's all here
View attachment 2886710View attachment 2886722View attachment 2886739-Forward ThinkingWhen i say they are forward thinking, it's reading between the lines & seeing what other BNPL's aren't doing & what they plan-to-do that give's you an insight.
Am yet to see anywhere where APT/Z1P etc are doing such things, happy to be corrected, Nonetheless the Management have visions and have more than just a normal BNPL system in mind.
-Taken from 24th August 2020 Update-
View attachment 2886763If you've watched/kept up with the recent headlines of GameStock & US Markets, you'll of heard of Robinhood.
Look at how a Broker that charges no fee's survives, Where in Australia on CommSec & Other Banking Platforms you're paying atleast $10-15/Trade
View attachment 2886775View attachment 2886776Source:
https://www.inc.com/jason-aten/robinhood-is-facebook-of-investing-youre-data-not-customer.htmlI've missed & skipped alot but we all know the potential here & how much wealth IOU team can create for not just SHAREHOLDERS but for THEMSELVES also!
Please Note: This post is entirely my opinion only, interpretation of everything only, is speculation only & not to be used as financial advice at all.
