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NNW

1.43%

7.1¢ 99 wuxian limited

THanks we will take that into consideration..

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voncee

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16/01/15

13:45

Post #: 14594984
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Originally posted by Tom1704 ↑

A couple of takes from the release that hold importance.

" During 2014, 99 Wuxian started trials on customised marketing with ABC and achieved impressive results of more than 50% success rate."

A 50% conversion is significant in almost any business with an online presence, if this is true.. The marketing they do this year could dramatically increase registered users as they now seem to have 'got it' with how to attract the customers through their partnerships.

The new Insurance Partnership increases their side business in the ICS product this can be scaled into multiple industries and could be a billion company on it's own regardless of their main offering.

The deal with SF (The 2nd largest Logistics Company in China with a premium service) this is huge and shows how NNW could once again scale their existing business model into multiple industries, It's frightening how much growth we can have moving forward. Importing all of SF pay users is a great start for future partnerships and would love to know how many of their customers currently use SF Pay.

The only thing I was disappointed with (Besides the terrible wording of their releases that seem to downplay significance) is the numbers for the Big4 promotion, 2m doesn't sound like much for a company that had 37m registered users, however it doesn't state how much of the 37m belongs to those banks specifically so it could be relatively high in comparison and that could be where they will be targeting their marketing efforts with the 50% conversion moving forward.

With the roadshow still underway I suspect we will get a hefty investment at multiples of the current valuation by years end as we are trading severely below the peer average of $110 per user according to Fosters. Even for a Chinese company we should be able to achieve half the peer average of $55 per user considering our users are monetized with transactions rapidly growing.

And the kicker which seems to be under tight lips is still the union pay deal which could quite possibly dwarf everything they've done. When this starts rolling out it could make everything else look tiny in comparison.

Great a year ahead - Looking forward to a US Listing or Tier#1 strategic investor to come on board and show us Aussies how to value a company in the international markets.

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THanks we will take that into consideration..

NNW Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
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THanks we will take that into consideration..

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