RE:RE:RE:RE:RE:Peak IS Primed to move to 20 cents in 2019Long and full of good information answers are always good - thank you
MIKERRRR wrote: No, you're not alone... Plenty have a "big chinese bank" on their wish list ( and YES, I imagine that would spark some enthusiasm )...
But consider the 2 Lenders already signed up to Cubeler last June... They have a combined lending capacity of ( at least ) $220 million... And yet, after 6 months, we've barely heard a peep about SME loans being generated by them...
There was a modest NR in September about ONE of those lenders processing transactions ( or at least signing an agreement to do so ), but otherwise that's it...
I asked Johnson about that a while ago, and it sounded like those first two Lenders were being used to "test the system" ( work out the kinks ), before any significant volume kicks in...
I DO get the impression that the foundation is NOW set for more building blocks to be added, but clearly it is a SLOW process...
So that's one MORE thing to be watching for in the 2018 Q4 and 2019 Q1 reports ( and future NRs ) this Spring... Not just revenue NUMBERS, but also ACTIVE revenue SOURCES...
Currently, Peak's real money-maker is their own "bank", ASFC... Beyond that, we haven't seen much from any of the other subsidiaries...
Forgive my longwinded response... I guess my simpler answer is YES... Signing up a "big" Chinese bank would bring awesome revenue potential... eventually...
So, for now, I'm staying with my mildly hopeful suggestion that PKK will trade around 8 or 9 cents this year, but higher than that if 2019 Q1 shows us significant growth...