ZIP 1.99% $2.96 zip co limited..

Possible target price of $15-20, page-1424

  1. 4,546 Posts.
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    Mr Moo - Your statement is at odds with the facts....the company is carrying way to much debt ...which it just added to ...and further share dilution as an result of the quadpay acquisition...
    for things to continue and zip to write down its debts, an upward trajectory of all economic conditions must favour an exploding retail sector....
    well....
    Equities are over bought and overvalued as investors blindly seek the highest yield in a fiscal paralysis that grips the global economy...hertz is evidence of just how ridiculous the situation is!
    the earnings floor is about to drop away and leave merchants exposed and at high probability of default
    consumer debt to income ration sits at 200 % ...the national debt to income ration sits at 50%
    and you say fair value at +$5.00...laughable really, the vwap may be $5.50 but that also is not reflective of the underlying metrics in the global economic situation
    the US is about to experience a re infection rate to beat them all which will result in already exploding loan delinquencies...this will indeed see your prediction of a falling market come to pass...

    worth 20% less.....absolutely possible
    watching with interest. smile.png
 
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$2.96
Change
-0.060(1.99%)
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$2.96 $3.00 $2.91 $20.97M 7.100M

Buyers (Bids)

No. Vol. Price($)
2 15999 $2.96
 

Sellers (Offers)

Price($) Vol. No.
$2.97 99192 8
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