RE: Realistic timescale17 Apr 2021 10:41
Its a difficult wuestion to answer and I think a lot of us don't want to be drawn into guessing games give previous deadline haven't transpired..
Tradeflow completion could see a rise in SP, it could be anything from ok , good or awesome, its going to come down to the value or cost , though I think we would all agree its a great acquisition.
Storm harbour is now going to be funded by captive bank so it comes down to when that's completed.
Thats going to be the news that relates the SP but since AZ has put a stop to putting fixed timelines I couldn't say when, but if I had to guess it will be soon rather than later.
There's also the fact they mentioned they are looking into funding SH before the captive bank is complete.
So it really could be sooner.
AZ said the revenues will be seen in summer and that will obviously boost the SP but the first boost will be that first transaction which will prove the concept, which is what the market needs more than the figures in summer.
Once proven its then just a numbers game.
Hopefully the client numbers will snowball once the first tranch have been monetised.
We've also got sharia platform and US pilot, I would expect the sharia platform to come first and since the sole funder who was originally going to fund SH now wants a wider cross-section of clients across UK and mena regions that could get dropped on us as a nice surprise.
Appreciate you want figures and guess work but given the recent missed deadlines I'm not going to guess anything other than to say we are close to completing on various fronts and as such news in one form or another could drop any time.