I3 Verticals, Inc. (IIIV)

[YanksGhost]

Guidance for FY2019 is rock solid. $.74 EPS at lower range of guidance is stellar for an IPO in fledgling status. This is just starting its evolution into a recognized FinTech player of consequence. Expect further acquisitions to augment organic growth from today's portfolio. The more quality "verticals" the more $$$ gets made here.

P2P is here to stay. Broad-brush platforms like Zelle lack specificity and features to support major market niches. This is where you want to be for software-based entrants. PayPal and Square have room to go, too, but they have already become too large to support multi-bagger annual EPS growth.

[YanksGhost]

Up about 25% for my first quarter of ownership. Excellent outlook for 2019. I was considering a new position in Fannie Mae, bought here instead, and I am very happy with that choice so far. This is a nice sector "fit" with my core position in Square. FinTech is in the sweet spot among technology sec tors and a good buy while in disfavor and hyperactivity by short players.

[sportd]

Nice run from 18ish to $22!

[sportd]

Nice run from 18ish to $22!

[Twinsoul]

It seems that the market is slowly beginning to understand how undervalued this stock is.

[YanksGhost]

There is nothing announced that hearkens to anything but an upward path forward.

[Twinsoul]

Read the report and relax

[sportd]

Earnings seem great? Not much interest AH

[Twinsoul]

Revised outlook 2019 (UPWARDS): .84-.87 eps (previous outlook: .79-.81).
Great report! Congrats to the company!

[sportd]

See if earnings can turn this turd around!

[pauljack13]

This stock has held up really well in this downturn.

IIIV

[YanksGhost]

Three weeks to payday with earnings.

[YanksGhost]

Big news in the Fin Tech and payment software space as PayPal is going back to its traditional roots and E-Bay heritage by rescaling its instant transfer fee for Venmo transactions from $.25 to 1% of total. This sets up a split between P2P (person to person) low-value transactions and the B2B (business to business) or P2B (person to business) higher value transaction business segments.

This is a big cost increase for larger ticket Venmo users and should open the door for pricing leverage attacks by Square, IIIV and others whose business plans are more focused on the higher value transaction space.

As an example, let's say you use Venmo for rent processing. A monthly rental payment of $1000.00 using Venmo used to be $.25. Now it is $10.00. This is a HUGE change for the industry leader and opens the door for major opportunities for i# Verticals, Square and others.

[YanksGhost]

I loaded fully in the $ seventeens, but if it dips back to $19 I'll add a bunch more.

Looking for Earnings in 30 days, M/O/L.

[Twinsoul]

Added a boat load at an average of 20.02.
Feels like a gift!
Thanks for this opportunity!
Weeee

[sportd]

Added 20.74

[YanksGhost]

Strategic gaffe at Square may open the door for IIIV and others to grow in Fin Tech at lower cost and risk. Square has introduced Square Installments where clients can make supply purchases using SquarePay and charge them on an installment basis to be paid off over time at interest. This makes Square a defacto unsecured lender with no collateral backing who must carry both the debt and imputed interest on their balance sheet. The interest, if/when paid is accretive, but any unpaid balance is an uninsured total loss. This provision is likely to appeal only to small businesses strapped for cash and willing to pay bills to keep doors open by paying on a roughly equivalent basis to putting them on a Visa/MC with as much as 24% interest charges.

Not smart. The first big blunder I have seen from Dorsey.

[YanksGhost]

Interesting story on NBC, yesterday, about how many Japanese businesses are going to cashless P2P because it is a full-employment market (due to low birth rates and high employment metrics) and not enough workers are available for hire despite a strong economy. Businesses are choosing to eliminate cash handling: till maintenance, change-making, till management, con safes, cash reconciliation, bank deposits, armor car costs and cash shrinkage, plus security cost to cover cash assets and armored car pickup and change/bill delivery. It is rapidly moving to card swipe or Cash APP transactions, only.

Sound familiar to anyone else? CNBC, this morning on Squawk Box, had a guest that projected an unemployment rate of >3% in 2019.

[YanksGhost]

Momentum continues through first half of today's session but volume is light and mostly all small lot trades. Not a lot of conviction, here. The days where we trade 300K shares are a lot more meaningful. The biggest transaction I noted today was for 2800 shares; that was not any whale taking a stand, one way or the other!

[YanksGhost]

Looks to me like positive momentum for tech hardware is swinging to tech software. IIIV, first and foremost, is a software play which makes organic ease of new market entry WAY less costly than Square, Zelle, Shopify or Clover platforms, IMO. The hardware guys are starting to seethe bloom on the rose fading rapidly.

[sportd]

Wowweeeeeee! Looking good

[biotechnician]

Yanks I agree. Here is the Comparison. SQ projects FY18 adj eps .39-.41c and IIIV projects FY19 .79-.81c ! SQ Market Cap is 40 Billion trading at $100 and IIIV trading at 215 Million MC and growing very fast. Its like when I bought SQ early , I am buying IIIV.

[YanksGhost]

My estimate for some time is a $1 B market cap and $40 S/P after earnings release in November. Then it's off to the races in 2019 if results trend continues upward. IIIV is moving much faster into profitability than SQ did after its IPO.

[YanksGhost]

My estimate for some time is a $1 B market cap and $40 S/P after earnings release in November. Then it's off to the races in 2019 if resultstrend continues upward. IIIV is moving much faster into profitability than SQ did after its IPO.

[Twinsoul]

If earnings confirm the previously given outlook this won't look back. I expect a double from here before EOY.
JMHO

[YanksGhost]

IIIV has gone from $17 to $23 in the last month with very little news to drive the bus. Earnings can be expected most likely in wk 1 or 2 of November. That's when I anticipate the next breakout. Some consolidation, here, would only seem logical to me.

[pauljack13]

This can't seem to break past 23 and stay there.

[sportd]

The sq bump today!

[YanksGhost]

Both companies (SQ & IIIV) are excellent investments in a hot space in Fin Tech. Early November earnings for both. Both should advance appreciably, barring any surprise vs. expectations.

[biotechnician]

Two comparisons: SQ announces FY18 adj eps .39-,41c but IIIV announces FY19 adj eps .79-.81. IIIV has much less shares and Market Cap too.

[YanksGhost]

This stock wants to see a close above $23.00 going into the weekend and the arrival of Fall on Saturday.

[YanksGhost]

The chart remains a thing of beauty!

https://www.stockcharts.com/h-sc/ui?s=IIIV

[YanksGhost]

Sector pressure and short action driving volume and S/P's lower across the Fin Tech universe. Even PayPal taking a hit along with First Data and WorldPay. There are some funds taking profits to close out the quarter, too.

No panic necessary. This is a long term play.

[YanksGhost]

IIIV IPO'd 7.6475 M common voting class "A" shares in June. Founders own 18.6525 common shares that have not been converted to "A" shares which is what we investors own and what everybody, including founders, will eventually own. A similar conveyance was used when Square went public. (this explains the sealed Edgar filings for SQ recently; shorts love to scream management is selling their stake when, in reality, they are just converting warrants to "A" shares).

This explains where the $600 M market cap figure is determined. It includes the founder shares that are outstanding, just not converted to "A" shares, yet.

[YanksGhost]

Right out of the blocks with a great start to the new week.

Up >25% in <3 weeks time.

And there is almost ZERO short interest here... <1%.

This is poised for a run to $40 and a $1 B market cap by November earnings, IMO.

[YanksGhost]

Whatever trading platform you use should be able to help on that. I use Schwab and once you are authorized to option trade under FINRA qualification, the data is immediately accessible by trading symbol via a dashboard link. I can't speak for other trading platforms.

I believe this is trackable on the http://www.cboe.com website. However, the site is difficult to navigate and limits access to much data to non-subscribers (unless you pay a fee, of course).

[GAB]

How will one know if options are available?

[YanksGhost]

NASDAQ has a protocol for newly IPO'd equities and options trading. The minimum shares issued and 5 day trading requirements seem to have been met, so the remaining factor looks to me to be at least 2,000 individual shareholders invested. These rules are in play due to the impact of trading volatility on a new and thinly traded stock. They also inhibit any MM's ability to manipulate S/P on options trades.

This stock seems to be growing in popularity and market awareness. I would expect you will see options trading availability no later than November and the next quarterly earnings release, if not sooner. More volume would be curative of options constraints and also S/P volatility. >300K shares-per-day just won't cut it if we want to wear "Big Boy Pants" against PayPal and Square. Compare Friday's action when 373K shares traded vs. the prior week or two on down volume days.

I wish i3 Verticals would engage a professional IR/PR resource because its investor outreach is an impediment to growth, IMO. Plus I think they have a great story to tell that nobody is hearing except on limited reach forums like this one.

[GAB]

Options not available yet. I keep checking.

[sportd]

When can buy options here?

[Twinsoul]

Prepare for at least a 4-bagger within 12 months from now, IMHO.
*Low amount of O/S (apx. 26 M)
*EPS (forecasted) going through the roof in 2019 -> 2020 (FY19 adj eps .79-.81!!!)
*low Market Cap (as of now: 600 M)
*No debt
Can you say 'KABOOM' with me?

[YanksGhost]

I hope your trade works well for you. What a great week this has been. I wish I had bought more in the $seventeens.

[Ttdzmillionaire]

Ok. I bought today $25k worth of this for a total of 1,100 shares of IIIV. I love how they are tied up with so many industries.

Look at all the industries they serve...crazy!:

Who We Serve

Our clients encompass a variety of industries, from retail and hospitality to education, healthcare and property management.
BUSINESS TO BUSINESS
eCOMMERCE
EDUCATION
HEALTHCARE
MUNICIPALITY
NON-PROFIT
PROPERTY MANAGEMENT
RETAIL & HOSPITALITY

From: https://i3verticals.com/

[YanksGhost]

A predominance of odd-lot trading, yesterday. Lots of small trades in narrow swings. Tells me two things: retail investors are beginning to move into positions, here, and HFT traders have discovered a pattern to the swings and are starting to play in our sandbox.

That's all good stuff, although it is likely to inject some volatility into day-to-day trading's impact on S/P.

[YanksGhost]

This is looking like it wants to see $21.00 this week. Maybe even today.

[sportd]

Nice 40k hit!!!

[YanksGhost]

Award winning technology in software = i3 Verticals and the future of Fin Tech.

https://i3verticals.com/transact-announces-i3-verticals-nominee-tech-innovation-showcase-awards/

This company is for real. The ground floor is now!

[YanksGhost]

This is starting to gain traction.

November earnings are going to be a stellar wake up call.

SQ, PYPL, IIIV... you cannot go wrong if you are patient. THE SECTOR IS THE FUTURE.

[YanksGhost]

Be a part of the global transformation!

https://www.worldatlas.com/articles/which-are-the-world-s-most-cashless-countries.html

This space is the next great megatrend... potentially larger than microchips, the computer or the internet. Not since the introduction of electricity has a change of this enormity been put before investors, IMO.

[pauljack13]

I think I'm buying a few more shares today.