ZIP

1.99%

$2.96 zip co limited..

ZIP TO BOUNCE!!!!, page-360

First 360 Last

Share
Profile

Follow
AlphaX

8,124 Posts.

875

28/03/22

10:59

Post #: 60462581
Share

Originally posted by AlphaX: ↑

Bolli mate

I think this is hitting $1.35 in the next week or so, and whether or not the markets keep running, won’t make a difference.

there’s more lids placed on the SP to ever stop it running any great lengths short term, and with a looming quarterly which will look like a bowl of scrambled eggs, I can’t see anyone rushing in to prop the price up.

the other thing to consider is the enormous cash burn of both companies coming together along with the reputation damage created by employee redundancies and potentially those micro offices closing. UK continues to be under careful watch. Nobody knows what will happen here but cost is front of mind (which is a good and bad thing (as it could be potentially a little too late).

the consolidated financials won’t leave much to the imagination.

in my honest opinion, the raise isn’t a raise to buy a value added business which will greatly improve the profit position, so post raise won’t do much short term except potentially excel the fall.

as much as I think $1.15-$1.25 is the bottom, the reality of the situation is, nobody knows.

I think another cap raise is likely before the end of this year.

everyone will be watching those (organic) growth metrics this year and any let down, will get punished even further.

no valuation argument can be had for a company who is in the loss position that zip finds itself in, as they will not only have to rebrand the merged entity and re promote (client loyalty risk), they also have to change their entire strategy depending on the market risks (inflation, credit and interest rate risk, competition and so forth)

a big task

all in my own opinion, dyor

Expand

$1.35 looks very probable based on this mornings movements. Might finish 3.5-4% down today.

if it breaks $1.35 this week then a quick slide to $1.20-$1.25 before another few more traps are set bouncing back up to $1.40 to $1.50 range

Sharks (funds and brokers) are circling

Last edited by AlphaX: 28/03/22

Z1P Price at posting: $1.48 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 76 more messages in this thread...

First 360 Last

Add ZIP (ASX) to my watchlist

(20min delay)
Last $2.96		Change -0.060(1.99%)		Mkt cap ! $3.864B

Open	High	Low	Value	Volume
$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

View Market Depth

No.	Vol.	Price($)
2	15999	2.960
7	53590	2.950
3	26000	2.940
3	15000	2.930
8	48078	2.920

Price($)	Vol.	No.
2.970	42700	4
2.980	41500	3
2.990	87998	3
3.000	70178	11
3.010	14331	2

Last trade - 16.10pm 01/11/2024 (20 minute delay)

ZIP (ASX) Chart

ZIP TO BOUNCE!!!!, page-360

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

ZIP TO BOUNCE!!!!, page-360

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News