APT 0.00% $66.47 afterpay limited

Ann: Change of Director's Interest Notice x 3, page-63

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  1. 656 Posts.
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    Mate, firstly, how is reading financials and deciphering them, like someone should a "BS arguement"?

    All this has proven ( which we already know) is that the share price is just sentiment and growth driven...

    The business has grown rapidly.... but so have its bad debts... And because the market rewards growth, it is underplaying the growth in impairment too.

    I feel the same now as I do then... the model is fine, but the bad debts are proving to be scary...

    Don't use a huge delta in Share price as the basis of your arguement over hard facts... Or if you do, expect to join the Getswift, Ondeck, Big Un line at centre-link... Because if you read the analysts reports, that justify a $7 share price it alludes to a $100m + profit.... within 2 years... right now, this business is technically losing money and $100m is a long way away, and will require ample equity raising to support the requisite book growth.

    It astounds me just how many people out there have little idea as to what drives share prices in the short term, vs the underlying economics that define the end game.
 
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