Currently OMM just announced they are raising Series C on August 2021 and it is expected their investor as a backer which included N2N. We may see N2N increasing their stake in OMM as the P2P lending co. reported they already written in excess of $220 million in loans and has projected that it will hit $525 million of loan originations by June 30 next year.
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be RM0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 0.5% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.
N2N after announcement look interesting start. Already listed since 2005 and 18 years old. It business is oligopoly ins Malaysia. All our trading platforms is using N2N software vs eforce. FV shall be around RM1.30
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Posted by fifimao > 2021-07-14 13:19 | Report Abuse
It's a complicated structure. Hundsun Ayers is one of the biggest in HK. Than there's AFE in HK also under N2N. In Malaysia and Singapore, both N2N and Hundsun Ayers also operating separately.