Techfinancials Share Discussion Threads

[dave4545] 28/12/2017 07:44

Market cap has increased 5 fold or 3 mil to 16 mil on the back of the hype of a £100k investment. Nice work if you can get it !

[jp1962] 28/12/2017 07:31

Thanks for reply TomboyI take it Tech still own 92% upon full dilution if Tech exercises the option?

[tomboyb] 28/12/2017 07:23

JP it looks like the last few months they have the seed capital in place for CEDEX -

Just before launch there is an equity valuation of cedex at $10mill -

I suspect higher once CEDEX coin in launched -

[jp1962] 28/12/2017 07:20

Tomboy :

What’s your view on latest RNS

[jp1962] 28/12/2017 07:14

A poster on the Cedex chat room asked if there was competition to the Cedex platform and had a reply from the CEO Saar Levi as follows:



‘let me elaborate more on the competition, there are a few projects today that are looking at moving diamonds on blockchain, we are talking to some of them as we actually see them as our natural partners as we both have a similar end game. By coloborating we will allow their tokenization process to fit the CEDEX exchange and expand our reach into the diamond eco system, and we in return expose them to new markets they wouldn't tap into without CEDEX.’

It looks like therefore they are in discussions on partnerships with other companies then to enhance their Cedex platform

[simpletonremover] 27/12/2017 17:06

So, we're back up to £1.25 fair value, Jp. :o)

[euclid5] 27/12/2017 15:39

Yes agree JP, as Cecex will own the Ether - so long as it keeps rising then they will have more funds behind them - hopefully they will get 100k Ethe

currenty $760 Ethe

50m Tokens divided by 500 per 1 Ether= 100,000 Ether or 100k x $760 = $76m less 23% Cedex keep ($17.48m ) net funds raised $58m/ 1.34 = £44m

Think they were originally targeting $30m

quite possible t achieve - lets hope they close the ICO off in a few days & raise this

[jp1962] 27/12/2017 15:20

Paradoxically people would rather but when it's shooting up rather then getting in early.Very little buying of lion for example sub a penny a while ago and now look at it.This looks a far better bet in my opinion

[simpletonremover] 27/12/2017 15:12

Babbler

It is for me with my money but everyone has to make their own judgement and investment choice.

Sells can go below , on, or above Bid and Buys can go below, on, or above Offer on this stock, all depends when you catch the trades and the activity.

[babbler] 27/12/2017 15:03

So Is this a buy at this level or not? Seems some sells below bid.

[euclid5] 27/12/2017 15:01

seen that post on LSE, they have copied Cedex info that's all - I am sall for them selling 50m at Eth price anyway - don;t forget any investors that will be buying Ethe now will b paying nearly 40% more for it than 2-3 weeks ago - so in practice the Cedex coins will cost them more

[simpletonremover] 27/12/2017 14:44

Euclid

There are two ways to view it.

One, as you've described or if you believe that Ethereum (short code ETHUSD for the chart) is going to continue to rise, then you're better off buying them now.

Spin the coin and take your choice.

Noted also though that it states that the tokens are available to purchase with Fiat Currencies.

[euclid5] 27/12/2017 14:37

JP, no it will not - hence their reply to a poster on Bitcoin discussion board - saying a the price of Ether has nearly doubled they are scaling back the amount they are selling as it becomes more expensive to buy Ethe & therefore Cedex coins

"if ETH rises rapidly that will boost the cedex coins and hence TECH"

Maybe worth emailing Cedex support about this - but don't think because Ether rises it's bigger benefit to Cedex - in a way it is but then investors that don't hold Ether have to pay more for their coins

[simpletonremover] 27/12/2017 14:34

Here are the posts from LSE:

______

RE: a pound will be quickly realise..Thu 17:18TIMELINE OF TOKEN SALE
KEY METRICS
SUPPLY: 100 million Tokens
PUBLIC SALE OFFERING: 50 million Tokens
20%-25% retained for future development and market expansion
TOKEN FORMAT: ERC20 Standard
PAYMENT MECHANISM: Ether/Bitcoin/Bitcoin Cash/Fiat Currencies (at available market rate)
1ETH = 500 CEDEX Coins.
FIND OUT MORE ABOUT THE CEDEX TOKEN SALE ONLINE AT: www.cedex.com

START OF PRE-SALE - January 12, 2018
END OF PRE-SALE - Until 10 million CEDEX Coins are sold or January 21, 2018
START OF MAIN SALE - January 13, 2018 (if pre-sale completed within 24 hours, if not February 9, 2018)
END OF MAIN SALE - 28 days or until remaining 40 million CEDEX Coins are sold



Price: 27.00
RE: a pound will be quickly realise..Thu 17:27Hold on to those Golden Tickets!!!!!
We will know if we are gonna be rich by the end of January.

I'm not an expert but if they sell 50 million tokens at 1 Ether for 500 tokens thats 100,000 x 832 dollars.(current live price)
Thats 83.2million dollars.

Plus we have plenty of subsidiary companies paying us dividends 1.5 million announced today.

To me it looks well worth a punt!!!!!

[jp1962] 27/12/2017 14:20

Thanks Simple and Euclid.For sure we are worth a multiple of this price in my opinion especially if this ico is completed very quick and judging by the interest shown far it should.Also if ETH rises rapidly that will boost the cedex coins and hence TECH.It will give even more credibility that the platform will be a success when trading on that starts 3rd quarte

[simpletonremover] 27/12/2017 13:43

Euclid

Pop onto LSE.

Have a read through the posts in the last couple of weeks.

Jp

If Euclid is correct, then a fair value would be around 100p per share.

[euclid5] 27/12/2017 12:39

Hello S Remover, where did you get the info on Cedex raising $80m please?

50m Tokens less 23% for Cedex = 11.5m = 38.5m Tokens = 77,000 Ethe (1 Ether = 500 coins)

They were targeting a raise of $30m - plus some investors may scale back based on Ether rising nearly 100% from over a month ago

[jp1962] 27/12/2017 12:37

I agree with your views and staggered we are at this price.

[simpletonremover] 27/12/2017 12:24

Jp

Tech stocks average a PE of 26. As TECH enjoy several £ Million in dividend payouts, the current market cap is undevalued and on that basis should already be over £ 50 Million, or around 75p per share.

On top of that, there's the ICO.

Some have calculated the initial raising at around £ 60 Million ( $ 80 Million ), which CEDEX keeps roughly a quarter and TECH have the option to own 90% of CEDEX (by paying a paltry $ 40k ) and on that basis, this would add roughly £ 15 Million to it's NAV.

As the average Price to Book value ( Nett Asset Value) of tech stocks are around 5, this should equate to another £ 60 Million to the market cap.

So, we're up to roughly £1.50 per share to value it fairly or averagely.

This doesn't take into account any rise in value in the CEDEX tokens subsequent to the initial sale and neither does it take into account the positive sentiment or appetite for Cryptos.

I couldn't 'predict' the share price on the 12th of January but there's clearly plenty of scope for the share price to rise dramatically.

[jp1962] 27/12/2017 11:37

Any predictions on ico day?

[simpletonremover] 27/12/2017 11:33

You're right Tomboy, the first ICO on Aim and the pre sale starts in only eleven trading days from now, on January the 12th.

_____




CEDEX
CERTIFIED BLOCKCHAIN BASED DIAMOND EXCHANGE

Transforming Diamonds into a New Asset Class


CEDEX Token Pre-sale starts on Friday January 12, 2018 19:00 GMT

_____

[fairenough11] 27/12/2017 11:09

The chart's now looking more healthy.

Soon be January.

[saw89] 27/12/2017 10:46

This is the best and biggest blockchain play on AIM....the herd haven't cottoned onto this one yet..... when it arrives expect fireworks.

[tomboyb] 27/12/2017 10:40

First ICO on AIM -

There is a big cryto crowd out so there will be garnered interest -