TSXV:WISH - Post Discussion
Post by
Dara7Dara on Oct 06, 2021 2:43pm
Future Multi-bagger: Wishpond Technologies (2 video links)
Two must watch videos on Wishpond Technologies who occupy the same sphere as Shopify (current upside is 182% just to reach recent price target analysis by Beacon - video below suggests it could run up to $6 in short-term which would be 385% gain and long-term reward even more). This will run and could even be bought out by Shopfiy down the road at a nice premium. Revenue UP 73% Q/Q! Recurring revenue with great margins. Growth has been over 30% YOY. Trading far below relevant peers (simply because they're new) at a staggering 1.87X.
Tons of cash on hand (10M plus recent 6M line of credit - no plans to increase the float). Insiders including the CEO personally buying. Insiders only buy for one reason remember. Institutional buy-back program also taking place for the next 8 months where Wish.V is buying back up to 5% of the float at market price and cancelling those shares (resulting in a smaller float meaning each share increasingly worth more). Shares are undervalued. They also acquired 3 companies this year.
https://www.youtube.com/watch?v=4Zf3loNeoSo
https://www.youtube.com/watch?v=aBfUg2Lr7MI&t=49s
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