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Bullboard - Stock Discussion Forum Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub... see more

CSE:PKK - Post Discussion

Tenet Fintech Group Inc. > I don't understand why..
View:
Post by prested on Mar 04, 2021 12:23pm

I don't understand why..

...despite a barrage of good news on a weekly basis, and a pretty healthy balance sheet, the SP just seems to stay in the doldrums. Obviously, the analysts (The no-nothings who suffer from extreme tunnel vision), can't get their peanut brains around the concept. It is new, it is based in China and they are lazy. But, this creates and opportunity to get ahead of the herd and buy into this company before it goes to the moon IMO. 
  The one year target of $3.47 and the 5 year of $524 given by Wallet Investor is a good indicator that we will al do well here. GLTAL
Comment by bmo1212 on Mar 04, 2021 3:45pm
There is a current barage of information, but a couple of key pieces of information still have to be released, including, year end financials, what the reverse split is going to be and how many new shares will be released once the NAS listing is complete.
Comment by lscfa on Mar 04, 2021 3:48pm
Analysts know they need to raise their estimates but they are waiting on co. to provide guidance so they are at least in the ballpark.....
Comment by Fontana104 on Mar 05, 2021 10:12am
the main reason that the sp froze up and continues to drop is because of the RS talk. As soon as they mentioned that. Since that day we have had news that could have EASILY put us to $5. That was by far the dumbest thing jj has done in the 5 + years I've been involved in pkk
Comment by lscfa on Mar 05, 2021 10:17am
  PKK Jul29/20 1:10 0.25 2.51 904.0   R/S Date Split ratio Price then Price now % increase    
Comment by WorkingGolfer on Mar 05, 2021 10:37am
We're running out of time.  This stock won't get to $5.00 USD in a month.  I'm sorry to sound negative, but a RS is inevitable. News would have to be "shockingly" amazing, but I somehow doubt that.  Thanks to shorters for cancelling half my shares, or more, I will continue to lose faith in humanity.  
Comment by Nakate on Mar 05, 2021 2:09pm
Lots of time to uplist to the nasdaq, I rather see the company get there by good fundamental growth rather than a reverse split anyways.  If this company has what it takes to become a going concern then a listing on the Nasdaq is going to happen anyways
Comment by TriumphSpitSix on Mar 05, 2021 3:07pm
I don't know. It's hard to say with any certainty that RS talk is the reason for the drop when every stock index has been bleeding pints all week. But I also agree that mentioning it prematurely has the potential to dampen any rally on news. An RS to uplist to a major US exchange should be viewed in a positive light and I just don't see that being the sole (or even primary) reason for ...more  
Comment by lscfa on Mar 05, 2021 3:27pm
The share slump is due to shareholders weariness of mgmt continually postponing guidance revisions. There have been 4 or 5 big announcements that will result in increased revenues and profitability but right now there is zero visibility on amount and timing.   
Comment by TriumphSpitSix on Mar 05, 2021 3:38pm
So 50/25/25? Or 33/33/33? Haha 50% General market downturn 25% RS talk 25% Lack of guidance ?
Comment by Viosimiri on Mar 05, 2021 7:00pm
The deals signed in the last few weeks have impact in revenue and I prefer to wait and let the management go thru all the steps to provide a good estimate rather then rush and give us some BS estimate to have a fake share price increase - I am long in this play and I have all the time to wait and get it right
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