SPZ smart parking limited

Good morning all,Here is a very very low risk, low hanging fruit...

  1. 99,069 Posts.
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    Good morning all,

    Here is a very very low risk, low hanging fruit ripe for the taking imo.

    Two things strongly coincide here in the next week or week and a half.

    1. We have been trading sideways for about 28 days if I am counting right.
    The last time I see a similar pattern like this was in 2011 and it went sideways for 32 sessions (again, if I am counting right).
    The stock then gapped up from 30 to 35.

    2. So, we have about 4 trading days to go. NOW, guess what happens on May 24 (London)?
    WESTMINSTER goes LIVE.

    Now, even ignoring all the pluses otherwise of this stock funnymentally. Even ignoring Chris Morris and Penny being on board. Even ignoring the possibility of announcements about Madrid, Sheffield or any left field stuff.

    If, (and I am not sure if Paul Gillespie will) - the company announces that Westminster has gone live -----

    this should jolt the stock northwards - how far? Don't know. How fast? Don't know.

    Technically, I will stick with my belief that this share wants to go to about 35 or better -------------- SOON. It has had a long descent. It has had a basing pattern -- it has broken out north of that -- it has consolidated a launch pad --------- technically ------ how good does this look?

    It now has built a solid fundamental launch pad - it has heaps of good news - it has heaps of cash - it has a tremendous team and getting more now or soon -- AND, it has an imposing Chairman hanging around the office cracking a whip. It has a crack CEO who has had 12 months in the chair and it has some red hot sales staff. It has products in the market and now has and is getting every day visibility in some of the biggest and busiest cities on earth.
    And, many of these - right in the guts of LONDON - and the smell is 'MONEY'.

    Now ------------- is this low risk or what?

    Have a great day all and good luck for the coming week and early the following week.

    Pinto



 
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(20min delay)
Last
93.0¢
Change
0.010(1.09%)
Mkt cap ! $381.4M
Open High Low Value Volume
92.8¢ 96.0¢ 92.8¢ $327.6K 346.1K

Buyers (Bids)

No. Vol. Price($)
1 5405 93.0¢
 

Sellers (Offers)

Price($) Vol. No.
94.0¢ 7000 1
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Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
SPZ (ASX) Chart
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