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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

Bullboard Posts
Comment by dannyd9on Nov 27, 2017 11:15am
154 Views
Post# 27037903

RE:Q3

RE:Q3Very intelligent and reasoned post, Spence. Thank You. The only caveat is how in the world to determine valuation in this crazy market. If you use the same analysis on 100 other companies on the venture, FGD would be considered very cheap. Your numbers appear accurate and safe. What the market cares about for the short term is user growth and arpu. Even if bottom line gets hit with ramp up costs, those two figures will dictacte the short term narratiave for the stock. Also agree that next quarter will look a lot better, so if the stock gets hit on earnings an loss, it will be a wonderful time to load up. Good luck

Bullboard Posts