Found an interesting $46m mcap SaaS company 9SPOKES that I have just added to my Data Winners Portfolio.
Still early days, this company just came out with an upward guidance of NZ$6-7m per annum (100% revenue upgrade) with Royal Bank of Canada as anchor customer and a fast growing 20,000 customer base.
9SP has a great value proposition - a technology platform that allows clients to view all their metrics/data on a single dashboard for decision making/ monitoring and accessible anytime anywhere.
What I love is where the price is at - between 9c and 10c which means that if you buy here and when it gets to 10c it moves up by 0.5c and that fits well in my risk/reward assessment when buying a stock.
To all longstanding shareholders, I urge you to maintain your holdings and keep your patience as I am expecting new shareholders (including myself) to come in and buy this stock. This is a potential data bagger IMO!
9SP Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
