It took HUM more than a month to crawl up from about $1.15 to $1.32 on Tuesday but it took just one day to fall to $1.08 yesterday and $1.05 today even on a rising day. What happens if Dow fall in the next few days - We may see Hum back below $1.00.
I think the MD does not know how the market views BNPL shares - investors are not interested in dividends but revenue growth which HUM did not produce. We are paying the highest salary for a MD in the BNPL company and yet the poorest performer in terms of the share price. She does not even bother to buy any HUM shares showing she herself just wants the high salary and not take any risks and has no confidence with the company herself.
I felt we are the real suckers to have faith in a company that consistently never or under performed. I am totally and really disappointed especially when Street Talk in AFR on Wednesday said how under value HUM is compared with Z1p and APT and yet No one cares.
I will sell out if the share price recovers and never invest in this dog after following it so closely for nearly a year. A Dog is a dog and whether you all like it or not, the share price of HUM just does not attract a good price even though it is the only BNPL company that pays a dividend.
Sad to say, Isdhope
HUM Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
