HUM 2.26% 86.5¢ humm group limited

Competitor watch and analysis for HUM, page-12

  1. 89 Posts.
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    With the tie up with Westpac in NZ in place now, hoping it will extend to Australia soon. We need a strong backing both for continuous credit and growing user base. Remember the deal with Westpac gives them an option to take equity stake in bundll.

    though humm group is growing in all parameters, the growth rate is not jaw dropping. Overall transaction volume grew only 8.2% in FY21 over FY20. Active consumer were stagnant in Q4 over Q3 at 2.7m

    No doubt valuation is cheap but it will remain so until we move the needle substantially on the revenue and user numbers front. my best bet is for humm to receive a takeover offer while the valuation is on lower side or an equity stake by Westpac.
 
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