Another frustrating period of time for me whilst we await news,...

Another frustrating period of time for me whilst we await news, though I acknowledge there must be a lot going on behind the scenes

The issue for Intiger, which still its potential growth in 2017, is one of not being able to deliver of its own stated targets. I really had hoped this trait had been left behind in 2017 but it seems perhaps not. 2018 started well. Confidence returned and was reflected in the share price growing from around 1.4c to a high of 3.7c setting up what should have been a solid platform for continued price appreciation with an anticipated announcement in Q1 2018 re commencement of CBA pilots viz.,

Commonwealth Bank of Australia (CBA) engagement
The Company has worked closely with the CBA to agree and prepare for the pilot programs which were announced on February 2, 2018, which will commence in Q1 2018 and may be completed at any time within a 12-month period.

Q1 2018 has gone by and the price has fallen. Disappointingly, the cup and handle pattern that looked so tantalising on the charts looks to be breaking down. The cup still looks good but the handle looks frail and has failed to hold the key support level at 2.8c – imo. Mind you, once the price touched 2.4c I thought the inevitable slide back to 1.4c was locked in but somehow – there must be confident buyers put there – the price has inched its way back to 2.6c. Let’s hope it can continue to hold from here until news comes through.

Still, Intiger must have been confident of commencing the pilot in the first quarter so hopefully it’s not too far off! And it’s good to see that Euroz have continued buying up the stock and at 10/4 appear to be holding some 105 million shares.

It was also pleasing to see George Jaja join the team. Here’s a short summary of who’s who in the Intiger stable (excludes back office processing staff).

Patrick Canion – Chairman

Patrick has over 30 years’ experience in financial services and is nationally recognised in the media and financial services profession for his leadership and innovation in financial planning. He is currently the CEO of ipac Western Australia, the inaugural winner of the FPA Professional Practice of the Year Award in 2016. Patrick is a member of the Financial Planning Association and was recently presented with their Distinguished Service Award. At the same time, he is a Fellow of the Financial Services Institute of Australasia and a Graduate member of the Australian Institute of Company Directors. Patrick is also a former director of the Financial Planning Association Ltd and a past-President of the Western Australian Club Inc. Aside from his directorship with Intiger Group Ltd., he is also a director of Future 2 Foundation Ltd and Pajoda Investments Ltd trading as ipac Western Australia. Patrick is a Certified Financial Planner and holds a Masters Degree in Applied Finance and Investments, a Diploma of Company Directors Course and a Diploma in Financial Planning.

Mark Fisher - Founder and CEO
For the last twenty (20) years Mark has worked globally in a range of Senior Executive roles for some of the World’s most respected Tier 1 investment, Retail and Commercial Banking and Management Consulting firms, including Goldman Sachs, Lloyds of London, JP Morgan, HSBC Capital Markets, Bank of China, GE Capital, Barclays Capital Investment Bank and Barclays International Retail and Commercial. Specialising in large scale global change programs, offshore processing, cost reduction strategies and institutional restructuring, Mark has lived and worked in a variety of global locations including the US, UK, Switzerland, Nigeria, Spain, France, Portugal, Italy, France, Ecuador, Colombia, India, Philippines, Latvia, Romania, Poland and Hungary.

Tony Chong - Non-Executive Director
Tony Chong is the lead partner of Lavan’s Corporate Services Group. In addition to being a lawyer with specialist knowledge in corporate law and in tax, he brings his extensive knowledge in governance and commercial experience to the Board, having been a board member and chair of ASX listed, private and non-profit companies. He is also a chartered tax adviser and a fellow of the CPA. He has strong interest in the technology sector and has extensive experience working and advising on businesses in Asia.

Tim Thornton - Chief Technology Officer

Tim is one of Australia’s most recognised and respected software development professionals. Tim has been designing and writing productivity applications for Australian businesses for over 15 years, working with a diverse range of industries from Arts to Transport. Tim is mainly responsible for Intiger’s expansion of Offshore Programming Platforms and Global Technology Strategy. Tim holds a Bachelor of Computer and Mathematical Sciences from University of Western Australia.

Sharon Wright - Global Head of Operations
Sharon has been specialising in Global Operations Management for 27 years having worked for some of Australia’s most respected Financial Services and Property Investment institutions. As Intiger’s Global Head of Operations, Sharon’s responsibilities cover all Intiger’s global staff and operational platforms in Australia, India and Philippines. With Nearly 3 decades of extensive leadership experience, Sharon is perfectly placed to lead Intiger’s global footprint and the delivery of high quality Financial Services Back Office solutions.


Charles Blake - Global Head of Partnerships

With over 21 years Australian Financial Planning experience in key operational, client management and leadership roles for a number of highly respected institutions (including ipac Securities and Macquarie Wealth Management), Charles has the background, reputation, experience and relationships to drive exceptional growth and Intiger shareholder return. He has lectured for educational institutions including FINSIA and authored course content for KAPLAN as well as Financial Education Professionals (FEP).

George Jaja - Global Head of Productivity & Optimisation
Mr Jaja has circa 15 years wealth management experience & has held pivotal management & advisory roles across the industries most respected tier 1 institutions including:
▪ Commonwealth Bank of Australia: Count Limited, Financial Wisdom Limited, Commonwealth Financial Planning
▪ National Australia Bank’s MLC
▪ AMP Financial Planning
▪ Genesys Wealth Advisers
▪ Colonial First State


Nina Tan - Client Experience Manager
Nina is an accomplished financial investment adviser with over 14 years of experience in wealth management covering clients across Australia, South East Asia and Europe. Nina spent 5 years in Manila as an investment adviser for an international bank before moving to Singapore where she did 6 years of providing investment advice on a premier wealth management offshore banking platform. Prior to Joining Intiger, Nina was an Associate Financial Planner for one of Australia’s biggest banks. Nina has a Diploma of Financial Planning (RG 146) and an Economics Degree from one of the top universities in the Philippines.

Anna Romulo - Client Growth Manager

There’s definitely plenty of talent in that group and a good number of them have a focus on GLOBAL. I’m deliberately going to throw up some provocative opinions/questions in the interests of generating some quality views and discussion on these threads. Here goes – we’re now some fourteen months out from the 30 June 2019 target points as set by Intiger so we really need to see some concrete/tangible runs on the board such as;

. Commencement of the CBA pilot
. Update on other pilots
. CBA take up and roll-out of Intiger services (same for those involved in the other pilots) = MOUs
. Polish and update Intiger website
. Other clients coming out of the closet now that CBA have got past the non-disclosure issue
, More clients coming on board (there was a 12 month waiting list and strong demand etc etc)
. Strong revenue figures leading to achievement of milestones M1, M2, M3, M4
. Confirmation that reverse-engineering of milestones is still achievable i.e. M4 by 30/6/2019
. Update on acquisition (quality acquisition and value accretive)
. Further evidence of scalability
. Further evidence of global reach

For mine I’m still holding STRONG and will not be selling anytime soon when 30/6 is within sight now. GLTA, Henry