Tenet Fintech Group Inc. C.PKK

Caution

[Lowfloatmining1]

Appears to be one of those Asian pump and dump plays. The wall street reporter interview provided zero factual potential. When a ceo says "I can't say" when asked about future earnings potential I would urge caution. Congratulations to all who made money but there will be plenty who will be left holding the bag.

[lscfa]

Raise your stink bid, cheapskate.....

[deepstate]

Back to the Asian bash...you can do better Guiseppe

[lscfa]

Wrong. CEO assured us the BJM deal is at least as large as the BDC deal. He estimated that 15%-30% of these distributors clients (total 310,000 with annual sales of at least $100 billion) could be using the platform regularly in 2021 and 50% regularly using it eventually. So 15%-30% x $100 billion x 2%-4% of 15% interest rate = $45 mil - $180 mil.       

[Lowfloatmining1]

Here you are... now I'm a pos for stating the obvious some two weeks later. Don't be bitter some you win and some you lose that's trading.   

[lscfa]

Your dumbass argument already refuted..... Wrong. CEO assured us the BJM deal is at least as large as the BDC deal. He estimated that 15%-30% of these distributors clients (total 310,000 with annual sales of at least $100 billion) could be using the platform regularly in 2021 and 50% regularly using it eventually. So 15%-30% x $100 billion x 2%-4% of 15% interest rate = $45 mil - $180 mil.

[lscfa]

p.s. CEO has since clarified that fees will be ~2% of value of transactions, not interest. So 15%-30% x $100 billion x 2% = $300 mil - $600 mil.       

[Lowfloatmining1]

He "assured" how can he assure something he doesn't know ? 15-30% was an estimate and a wide range lol. Regardless of what I think I'll let the share price do the talking lol. 

[Nakate]

There is only 2 outcomes:  its a P&D and is heading for 0 or theres something here and its heading a lot higher. Here's the fun part you get to decide if you want to buy, trade it, sit and wait or sell, no one cares cept maybe your dependants what you do, this company has a game plan and it is going to try and make it work and for many they are getting the job done. But for the many

[lscfa]

A large price increase followed by a small price decline does not necessarily mean the fundamentals have changed or the market's opinion has changed. It could simply be shareholders trimming overweighted positions in the stock to practice good risk management.   

[Lowfloatmining1]

I've never said it's going to 0 and doubt it will I just urged caution after watching the last interview.  Something doesn't add up that's all. What happened for this to fall so hard and so fast? What really changed? Nothing... other than the valuation being too high to begin with. 

[Nakate]

How about all the inda money warrants and shares, there are still lots left that are either waiting for a even bigger payday or they are selling,  more people sold on the way up and than have sold on the way down theres just fewer buyers now. Getting caught up on whether or not theres some lipstick on this pig (of course there is) but that will only help you make a wrong decision. Peak has

[Lowfloatmining1]

where are the clowns who called me an idiot?     

[lscfa]

You're still an idiot. Getting the price direction right based on the wrong assumptions is pure dumb luck. Your argument that the stock is overvalued is BS. The analysts disagree, the CEO disagrees and the fundamentals disagree.