The deflection is outrageously good. It is your prized ability.
Seeing as your best gloat yet is merely the fact you undertook a bachelor of arts and some MBA “with financial specialisation”, I’ll throw one back.
Having sold two businesses in the last few years, one which net me a double digit multiple on (a very attractive) ebidta, I can assure you that I know very well how to articulate financials and I also know the multiple valuation methods that can be applied to certain businesses.
Interestingly, I am also familiar with the relevance of ebidta, which when removing interest, depreciation, tax and amortisation, can make completely unprofitable firms appear financially healthy.
Your assumption that ebidta, especially for a company like zip, is a correct method of evaluating profits, is actually flawed. This why you are now suggesting that you never said or even implied that zip was profitable.
Rather than going around in circles, watching you constantly backtrack and deflecting any questions pertaining to the matter at hand, let’s just agree that you agree, that zip is not profitable, that you cannot provide substantiated reasoning behind your bullish rants about moon trips come July report, and that you are wrong in telling people to constantly compare zip (and it’s share price (not market cap) to affirm, also forgetting the variety of fundamental differences of the two.
You can call me financially illiterate, you can post clown pictures, you can continue to deflect and parade around while you’re sinking, but the reality is, you’re the one down there.
Your ignorance will be your undoing bedger.
ZIP Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held
(20min delay)