https://emerginggrowth.com/finger-motion-otc-pink-fngr-links-up-with-e-commerce-leader-pingduoduo-in-trajectory-changing-deal/
Investment Summary PDD shareholders should consider an investment in FNGR because if FNGR gets traction it could be one of the biggest growth drivers for the company. Eventually growth of PDD is going to slow. If they have the same user growth of 144% YoY going forward they are going to capture the entire Chinese market in 2 years. This is where PDD has been very diligent to select high quality merchants going forward anticipated the slowdown in growth. FNGR seems to be one of those high quality merchants that has demonstrated to PDD that they can bring in the GTV. In fact they are so high quality that they beat out Tencent a $400 billion + market cap company. Something is brewing and until investors have some visibility via an earnings release all of this is speculation. The stage seems set for a big earnings beat and it appears the company might be looking to raise some money. The company has a very low float that must be under a million shares so the stock could be subject to some volatility. The current market capitalization is $82 million for a company that could do billions in GTV in 2019. PDD trades at 2X GTV. Assuming the same multiple the stock should be trading around $54.00/share. The stock is grossly undervalued and a unicorn in the making given this recent news. The stock has been very quiet over the last year. Volume picked up considerably in the last month and if it continues its trajectory the stock could hit its price target in the next 6 -9 months.
Recent FNGR News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 08:44:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 09:05:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:30:12 PM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 08/08/2024 07:09:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 08:15:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 08:44:56 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/29/2024 08:15:44 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/17/2024 08:41:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 11:05:01 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/30/2024 11:42:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 09:15:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 09:15:14 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/18/2024 09:28:19 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 01/17/2024 09:17:42 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 01/17/2024 09:17:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:23:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 09:46:34 PM
- Lind Partners Statement on FingerMotion, Inc. • PR Newswire (US) • 12/21/2023 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:44:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2023 09:15:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/17/2023 09:56:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/31/2023 12:29:54 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 08:15:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2023 09:25:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/13/2023 08:15:38 PM
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