AnalytixInsight- A Tale of ‘Hero’s or Zero’s’ Part 2 of 5000Obviously "contextual" in nature... Is it acceptable to assume that the apparent annihilation of shareholders equity gives investors—and perhaps other institutions with a now vested interest—an indisputable right to know?
Interestingly, a recent Newsweek article published on April 8, 2024 where it was stated “A false statement of ‘material’ information is securities fraud,” “...while warning it could be a case of “pumping”. According to the article, ‘the former guy’ (no cynicism here) may have violated the 1934 US Securities Exchange Act “which governs the statements made by company owners that could affect investor decisions.” (.
https://www.newsweek.com/trump-truth-social-claims-securities-fraud-financial-disclosures-1888184 )
Despite the fact that this post does not imply or offer any legal expertise/consequences, I am by no means a lawyer or a layperson knowledgeable about Canadian securities/other law. However, it is fascinating to consider everything
we were told and the sheer size and scope of the ALY enterprise business—Intesa, Morningstar, Refinitiv, Samsung (the Vatican to?)—that seemingly sets the ‘Holy Land-like’ standard for corporate performance in the face of unquestionable governance and operating standards.
Apparently NOT! · “ANALYTIXINSIGHT ANNOUNCES 10 MILLION USER INSTALLS OF MOBILE APP MARKETWALL”
“The Company’s Mobile App, Marketwall, available to approximately 10 million users across device partners including Samsung, NetRange and Mii
· “MarketWall”) will provide a custom version of the Marketwall App to Intesa’s approximately 20 million retail customers.”
· “On-going Implementation of licensing and integration of Marketwall with Intesa Sanpaolo, with an additional 20 million user base exclusive to the countries of Italy, Slovakia, Slovenia, Croatia, Hungary and Serbia.”
· “Building on the previously announced 4 million installs, Marketwall is now installed on an additional 2 million devices across NetRange’s Smart TV app market bringing the total to approximately 6 million devices. This is across all the major western European countries, with an additional rollout in Asia and Australia scheduled in the coming months.”
· “Marketwall is now available on more than 4 million devices across Samsung’s Smart devices, including TVS, Wearables, Smartphones and Tablets.”
· “To date, thanks to the early launch of a beta phase in recent months,
InvestoPro.com can already count a community of over 2.5 million visitors per month from all over the world through its channels: website, social network, smart TV, mobile app and progressive web app.”
BUY SUCKERS!!! (and who ended up winning?)
·
FACT-InvestoPro has less than 1000 users.
·
FACT-Capital Cube has 3 enterprise users and a smattering of retail users.
·
FACT-Marketwall, with a reported 9 million Euro’s in revenue against the
rhetorical backdrop of downloads and/or access to millions and millions upon millions of users’ available to it since 2015. Even my learned friend Fiver drank the witches brew and likely purchased shares as well?,
(I can only imagine how euphoric it would be...$22 bucks per share!) Post by fivenineron Oct 14, 2020 9:41am 297 Views Post# 31713168 MarketWall valuation via Wealthsimple valuation
Another data point hasa come in for the MarketWall valuaiton.
WealthSimple is a Power Corp company Launched in March 2019.
- 100,000 clients
- 4.3B in assets under management
As of June..
- 500,000 clients
- 8.4B assets under management
Latest financing puts Wealthsimple at $1.4 billion.
Link to WealthSimple valuation MarketWall 5.5 million Intesa Sanpaolo customers use the app.
50% of purchases in financial markets go through the app.
That means 2,750,000 customers using the app for financial market transactions.
(I know that purchases does not necessarily mean users but for the sake of arguement...)
Wealthsimple also has a bunch of other functionality btw - users without transactions.
MarketWall has ~5 times the number of clients that Wealthsimple has.
That would value MarketWall (with its current number of clients) at $7 billion based on # of clients.
ALY holds 49% of MarketWall. That would put ALY at $3.5 billion.
Seems too good to be true? Let's cut it in half to be conservative... $1.75 billion.
$1.75 billion divided by outstanding shares (78 million) = $22.
Go ahead, cut it in half again if you wish... $11.
Based on valuation of Wealthsimple using the number of clients... ALY is looking good.
There is a lot to answer for. AND MORESO, WHO IS RESPONSIBLE... Please contact Vince Kadar, Board Chair, or interim CEO Natalie Hirsch if you would like to know more, asking the difficult questions.