Tenet Fintech Group Inc. C.PKK

Zacks $13 USD, maybe $32 USD

[lscfa]

Given the lack of China-based fintech platforms, we are using the US and Canadian names we think are as comparable. While the range is great based on margins and growth, we calculate an average of 14.9 times 2021 calendar estimates and taking out the low, Green Dot, and the high, Shopify. Based on this multiple and our estimate for Peak’s 2021 sales of CN$121 million or US$96 million, and using fully diluted shares of 111.7 million, the enterprise value would be US$1.43 billion and the market value US$1.45 billion. The stock price would be approximately US$13.00. If the company’s CN$300 million (US$238 million) 2022 estimate is achieved or even low, that stock price could move to $32.00 per share next year.
 

https://s27.q4cdn.com/906368049/files/News/2021/Zacks_SCR_Research_09012021_PKKFF_Thompson.pdf

[newcoin]

This may be why the stock is on such a tear?

[newcoin]

Is PKK going on the NASDAQ this week?

[lscfa]

Analysts going to update targets again when guidance is increased at end of September for Cubeler acquistion.