Member Info for Fingrind

From Craig's twitter:

Back in the UK after a fantastic week in the USA. Meeting C-Suite execs at big US insurers. Major partner launch last week went great, existing partner results are brilliant, partners happy - new opportunities ahead of us incredibly exciting. #ONDO

According to him in the Telegram ondo channel, he got stretched on a home renovation project and needed some liquidity,

Interesting how (pilot) availability of this FLUME device is for hot states with the exception of Colorado, while ONDO is for cold states. Perhaps different performance makes, currently, one best suited for colder environment and the other for hotter one. Still...the service part of Ondo is nowhere to be found in FLUME and that is a big part of customer satisfaction rankings which is critical for insurers

He's still holding on to a large chunk though.

Anyways, other than currency worries (USD/GBP exchange rate driven by USA policies may soffer for the coming years) I still don't see structural issues with Ondo. Inflation in USA expected to start running again, which only make Ondo a higher ROI solution.

No issue on potential USA service tariffs as the service , which is where the real US money comes from, is provided and invoiced from the USA entity.

At most i believe just a USA-specific derisking, rather than an Ondo-specific derisking

Where there's a seller there's a buyer :)

Market woke up hungry after that 1M buy on friday....good !

I fully agree, and i think it will need to be fuelled by hard data (i.e. further acceleration of sales)...so my money is on 1H results (or Q1 trading update). News alone of new partnerships etc i don't think will do the trick, also considering macro-uncertainties linked to the USA market. Still totally bullish on Ondo :)

Unfortunately it's behind paywall, but still: https://www.postonline.co.uk/technology/7957379/qa-craig-foster-ondo-insurtech?utm_content=331737401&utm_medium=social&utm_source=twitter&hss_channel=tw-19643403

Not really, but in all honestly i am expecting tight-range action until next trading update between 30p (maybe a little under) and 35p. Personally i think last FY results fit well in this range, and I'm expecting we'll be cruising here (lack of news takes us to the bottom range, good news take us to the top range) back and forth for the time being. I think the months' ahead are for traders to have some fun and for investors to increase their positions before 1H update which i expect will be above expectations.

Hope not....got to keep stacking ! :)

*in the coming quarters

If Ting is an example, sales are about to rump up substantially and exponentially in the coming quarter.

A little bit more patience ...

Giving a bullish guidance for 2025 so early in the year means YTD the performance has been stellar. Very very bullish!!!

First mover position and quick/wide market penetration will be the real advantage and barrier to competitors entry for Ondo.

Considering Insurance sector's reluctancy on change, ondo'proven ROI and sky-high end-user satisfaction, incumbents will have a very, very, very hard time to even just try, let alone succeed, surpassing Ondo.

Higher ROI to insurers? Possible but very hard.

Easier end-user experience? Go ahead and try. Higher end-user satisfaction? Possible, but based on Ondo numbers, almost impossible. And what about the data (gained as a first mover) and the services that Ondo can build upon it to create additional value to insurers?

That is the competitive advantage, not the patents (they don't hurt, don't get me wrong, but Ondo's real strength is somewhere else)

This needs to get taken over by another company, resolving the overhang of warrants and still problematic shareholding structure. Than it has a chance to succeed. Otherwise too many problems to still clear (CNs, Warrants, old owners, low credit profile, etc...) to have a chance to succeed. Just my opinion of course (bought at 12p, exited at 6p, been keeping an eye on it)

K? i tought it was p!!!!! the misses' gonna be real mad :D

Yeah...i wouldn't mind if they started to structurally provide quarterly trading updates , and RSNs for key milestones / progress against strategy (as they did in March) and other relevant news

Yeah....but it's good to see him "displeased" regardless of the good results that could have been better. That's the kind of CEO we need to succeed.

Just watched it. Feeling better now :)

Https://www.youtube.com/watch?v=8mJReDlFtgU