FFG 4.55% 2.1¢ fatfish group limited

"We at present have put a value up a pip on on the amazing thing...

  1. 42 Posts.
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    "We at present have put a value up a pip on on the amazing thing that we now a product that has been developed for the lucrative BNPL market for the corporate world in SE Asia with short term corporate loans(up to 2 years) up to $1m."

    Smartfunding - This is a Peer-to-Peer Platform. No matter how much you dress it up as BNPL. The model is charging 8%-15% on upto 36 month terms. S$150 establishment fees and credit assessment...so not too dissimilar from the existing credit market as far as I can see. Proof will be in the roll-out if it's successful at all. The success will be the platform technology behind this. Remember Peer-to-Peer. On offer everywhere and has been around for years.

    ICandy well that's another story, common management FFG/ICandy and recent massive dilution. hence the depressed share price from the run a few months ago. Recent 4C has shown that just hype. $1m revenue in 63 days of Masketeers launch and then 4C shows $1.3m in revenues, hmm so that final month of all developed games was just on $300k (Rocky Rampage etc etc.)...something doesn't add up for me there. Also they can't even get their game names correct in announcements??? Crawl vs Claw, think that represents the ICI company.

    Still interested to see where this goes though, there's potential but needs transparency and not BS
 
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