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Been following the board for many years and usually don't post.
I'm just curious what impact releasing a PR prior to Thanksgiving with market closed on Thursday and then early close on Friday. Maybe releasing a second PR on the short trading day Friday or the following Monday. If the sequencing of these during this time frame could create advantages/disadvantages?
My speculation is there is no need for SNO on the 20th if there is a partnership or buyout after next week. Could be that something got finalized and so the 20th was cancelled.
Agreed and I had some optimism back in about a year ago. I sold off my last remaining shares today to invest some of the other market buying opportunities. GLTA who are investing in this stock but as far as I can tell this is not a stock to attempt a long position.
Well technically that price prediction is probably true after the RS on WEYL but I guess we will see if an uplisting actually occurs after that RS.
8/15 it was at 1000+, 9/24 it was at 5000+. A little bit of movement, of course to others points it could be meaningless.
I think I would take the short term loss for tax purposes before putting myself through that torture. But that's pretty funny to think about. Well considering UberEats and GrabFood installs are in the millions of installs there's a long ways to go.
Looks like the downloads is at 5000+ on atozgo google play for the app a bit of a jump since last time I looked.
I would like to hear an update from WEYL on gross merchandise volume for the platform business lines moving forward. If its true GMV is a commonly tracked metric by e-commerce companies that measures the total sales dollar value of goods sold on platforms.
While we continue to hear about revenue growth from reoccurring subscriptions and ongoing efforts of channel partners some updates that measure the values of the existing platforms and why GRAB or Gojek etc would even consider a buyout.
Correct me if I am wrong and I know this is highly debated because of the transparency of the revenues but if the revenues are essentially reoccurring subscriptions fees, etc... for use of the software etc....
Isn't the true value of where the company stands in terms of growth is what the GMV is associated to this number?
Love the confidence gentleman! For what its worth even myself a middle aged adult has found it easier using a dominos app to order the occasional pizza rather than calling. Not to mention the teenagers using ubereats to get delivery now.
So it will be interesting to watch the atozgo developments over time. I do like the grab or gojek acquisition potential.
#offblackswanspotting
I had that same question and don't necessarily disagree with your thought, that why I was wondering if the only source for the app is to downloading from google play or how consumers in that market are being directed or given access to the app.
The other part with google play is it says 1000+ downloads and I am not sure where the next break point is 2500, 5000 or what before it updates from 1000+ to the next number. But if you look at the Gojek and Grab apps which have astronomical numbers the potential here is pretty intriguing.
Yesterdays CC imo was one of the most insightful well organized calls relative to CC's held in 2019. I am going to listen again today to the recording and would encourage any new investors to listen as well that may be reading this board. Certainly there are some merits imo to both caution and optimism about WEYL. I continue to be long with my position but w/o adding until some institutional investor activity, partnership and/or M&A aligns with WEYL with a financial investment.
One question and this is not intended as a negative comment just is it was mentioned that there are over 1200 transactions per day with the atozgo product currently. On google play the atozgo app is at 1000+ downloads at this time. Does anyone know how it is being app is being marketed locally, other than the video we all viewed? Are consumers directed to google play?
Would have liked to have heard updates about atozpay as that app sits at 10,000+ downloads but didn't hear anything about usage metrics.
Agreed on fundamental potential. However, if the revenues comes to fruition and there is no institutional buying, confirmed strategic partnership or increase in the pps share which was identified during a CC as potentially increasing by organic means to meet uplisting requirements then there maybe some merit to the negative counter arguments to date. IMO a concern is the SEA market is being aggressively targeted by other companies that have the financial collateral/resources. Im still long but I am also waiting to see some credible institutional investment or partnerships that validate WEYL as contender in the SEA market YTD.
Interesting that the AtozGo is available on Google Play. Interesting?
July 1 to August 14 is going to get very interesting for WEYL. I'd like to think some strong buying in the new quarter prior to 8-K. But who knows as aggressive as acquisition activity in industry segment appears maybe there's a partnership or buyout prior to 15th. Could make sense for the acquisition company to complete early in 3rd quarter? As long as the revenues align with projections and outstanding share count is within reason agree at a minimum this is going to heat-up.
Falcon Capital’s starting position and proprietary edge, is its depth of knowledge of what is happening in emerging markets, enabling added value to be brought to its clients through creative alliances, acquisitions, divestiture and capital-raising ideas. Falcon Capital is pro-active in the initiation and the creation of transactions as well as in their assessment and effective execution. Reflecting the experience of its principals, Falcon Capital possesses excellent problem-solving and negotiation skills and will provide its external and independent sense of timing, feasibility, price, structure, and psychology to improve and/or implement a transaction.
WEYL is 1 of 2 listings under the section upcoming IPOs & Uplistings
If the quarter over quarter revenues align with projected forecasts which is so far what CEO indicates I would agree that a buyout is imminent. As aggressive as this business sector appears 800 million seems plausible, especially in a bidding war scenario. Grab and others have projected revenues to meet and acquisitions are fastest way to get there when you have the cash stockpiles.
WEYL 2018 23 million revenue. 2C2P 2018 52 million revenue turned down acquisition offer by GRAB and multiple other bidders, reportedly offers ranging up to $200 million.
Say what you want about WEYL somebody is going to buy them at some point.
Lots going on in WEYL's business sector.
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Im long WEYL. GRAB with 7.5 billion + is looking for acquisitions and is battling with Go-Jek. Lots in play here on WEYL.