I couldn't agree more with you. In reality SPT is a very stable...

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Noor12345

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15/02/21

14:19

Post #: 50997612
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Originally posted by Vasso: ↑

Morning Guys,

Enjoy reading your posts and find most of the information here helpful. I hold a fair bit of shares in SPT and must admit I am growing impatient. I did reflect on this over the weekend and compared how Brad and the team are strategizing for global domination.

Despite it being a bit slow they are testing everything before they execute on a global scale. They tested their advertising campaign over the Christmas holiday season and are happy it works and I am sure this is why so many pilots or tests are happening. Hypothesize --> run the test --validate it works -- Roll out the project.....This takes time to get it right. I take comfort they are taking a cautious and strategic approach.

With relation to the conversation around SPT and Australian retailers I think Brad and the team are more concerned with where they are going to get bang for buck.. And that is Japan.

Some stats below - Japan ecommerce is $150B ( USD I think ) with around 65% being paid via credit card. Australia on the other hand around $30B....i know where I would want them to focus on. A country with little competition and a huge opportunity.

I also checked and the google store website from memory gets around 30 million visits per month - Once that SPT logo goes on that site the amount of free advertising for SPT will be most valuable.

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I couldn't agree more with you. In reality SPT is a very stable business long term and prices don't fluctutate like other BNPL competitors. Investors just need to stay patient because once SPT is being used in Japan from Google there will be more companies using SPT as a payment option in Japan.

SPT Price at posting: $1.38 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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