ZIP 1.45% $1.70 zip co limited..

$2 PARTY, page-971

  1. 4,261 Posts.
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    The company is currently valued at circa $1.4 billion. It is no more no less than a financial service provider in an industry with an average PE of 12 meaning it needs to generate a NPAT of over $100 million.

    It has not generated an operating profit despite cutting costs to the bone and customer numbers stagnating or declining indicate customers are waking up to the rort.

    it generated an accounting profit with some very creative accounting and CFP by delaying payments to merchants.

    It's debt is financed by BBSR plus margin and as evidenced by recent corporate debt refinance they are paying through the nose to lenders of last resort.

    C =A at 1.55 and if this a complex wave 4 it will revisit 24 cents or zero
 
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