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Bullboard - Stock Discussion Forum Snipp Interactive Inc V.SPN

Alternate Symbol(s):  SNIPF

Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides... see more

TSXV:SPN - Post Discussion

Snipp Interactive Inc > Valuation
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Post by Maggs on May 01, 2021 10:51am

Valuation

If you do some research into the many small public Saas companies which are very similar in nature to Snipp and it's business, you will find valuations 5 times higher than what we have here with Snipp. Truly mind numbing. Some have continuing losses and some have very similar revenues and cash flow numbers as Snipp. This is why owning stock here is such an absolute steal. Why buy stock in so many of these companies which are already pretty fairly valued when the upside here is many multiples? 20 million dollar market cap...LOL
These are the companies that market makers take of advantage of and then one day, it's over!
We don't need luck here. It will happen..
Comment by stockpickerone! on May 01, 2021 11:11am
Maggs I agree but the Question is how do these guys make that happen. The Snipp team is surely aware that these crazy multiples for lesser/equal companies are out there but my fear is they have no clue how to get themselves into that world of investors who can have that same level of impact on their stock. I totally see the same thing you do. Maybe Atul should run stuff in the back and let a new ...more  
Comment by Maggs on May 01, 2021 1:17pm
Stockpicker...Thought maybe you sold and moved on. Glad to see you are still here with us.  Quarterly results are going to do it at some point and we will catch up. And honestly, they really don't seem to care about investor outreach at all. It's bizarre behavior but it makes me even more bullish. I just deal with it and hang in there. Buying way undervalued stocks has been a ...more  
Comment by stockpickerone! on May 01, 2021 2:35pm
Very much here...:). Waiting for a dip actually.  Maggs to your point for me bizzare=stupid  
Comment by Maggs on May 01, 2021 3:12pm
Yes, I agree.  Bizarre = STUPID.  I stand corrected. Thank you stockpicker. For once, I was trying to be nice. Very unlike me with Atul... All CEOs are out on the investor trail trying to tell their story. Simple to do these days with zoom. You see it all the time. Why would you not be doing that? Which brings me back to Bizarre. And the only conclusion I can come to is "They ...more  
Comment by stockpickerone! on May 01, 2021 4:01pm
Maggs what do you look at? What sources with video recordings? I want to email him with examples and tell him to do these. He actually might be stupid enough to not this format exists for the lack of focus on researching these things since he seems to have washed his hands of talking to investors directly. 
Comment by Maggs on May 01, 2021 6:50pm
Because no information ever comes from the company other than standard press releases, it's really hard to know what exactly they are doing or targeting. I always read their M/D every quarter so I have an idea but without being able to ask questions, everything I assume is just a guess. They look and seem to operate like a Saas/marketing company.  Adelaide Capital Saas Conference just had ...more