FFG 0.00% 0.9¢ fatfish group limited

What is Fatfish & its Primary Investments, page-70

  1. 1,516 Posts.
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    I don't think it's  relevant discussing  business development to compare a very promising start up Like FFG’s New BNPL product to a company like Zip now, when Zip has been around 10 years or so.

    Anyway, part of Zip’s reality is this:- in 2012 the SP was 35c and went to a high of $14 in 2/2021 and now in a down-trend to around $5+. A better way of looking at this philosophy is that in Zip’s early stages it was priced in the cents. Ha.

    In it’s early stage also, FFG can look at a SE Asian competitor like IOU to see what it is doing to shape up a bit better to get more benefit from a paid connection…It is in a Trading Halt now to try and make sure a company FFG doesn’t make a big jump in its early stages.

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    “…..In an exciting development, fintech provider IOUpay (ASX:IOU) is about to acquire 42% of Malaysian company I.Destinasi Sdn Bhd (IDSB), in a deal worth 126 million ringgit (or around A$41.3m at today’s exchange rate).

    IDSB is a specialised finance company focusing on providing instalment-based consumer credit services to civil servants for and on behalf of Malaysian banks.”
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    Good luck to them for their increased investment. We musn't overlook at our build in stages as it will get benefits many fail to see through our innovations and talents with sufficient cash in stages.
    FFG isn’t one part either; it is the sum of many parts, not understood by many.

    FFG's previous run on iCANDY (Games) large holding recently was a little overdone by some holders to be a little overpriced for that moment but in many opinions the price should move again keenly as soon as presentations and growth projections, as all round improvements come or way. We have precedents from our other holdings and the company has returned to a very under priced share value again.

    Good luck all - this is is not investment advice. Just a look again picture.

    You all better watch out..
 
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