SMP smartpay holdings limited

Saw the agreement with ALIPAY today & decided to do more reading...

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    Saw the agreement with ALIPAY today & decided to do more reading

    Love what I see as its 35m mkt cap & forecasting the below for the full year

    upload_2018-3-13_12-20-36.png

    So this is essentially trading at 3.5x 2018 EBITDA... that's ridiculous IMO.

    Also - this is before today's ALIPAY agreement.

    Clearly the smarties at Microequities Asset Management have been all over the story, accumulating 16.26% of the register (almost 28m shares)

    It's now also clearly being capped IMO with those dummy offers at 23c so someone can accumulate as many as possible under 23c.

    I just can't believe how far under the radar this has been given its financial performance to date.

    Hopefully this ALIPAY deal brings it in to the spotlight.
 
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