Beforepay: the acceptable face of payday lending, page-31

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SaltyInvestor

670 Posts.

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18/01/22

04:36

Post #: 58932862
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Originally posted by Peter Q: ↑

I'm not worried , the staff i know within the company are committed to the company and are passionate to build a much bigger company to solve the issues of the old ways of payday lending, so they will be buying not selling.
also the IPO stock was fully committed weeks before the book build was closed. and everyone was massively scaled back, so their should be lots of buying in the free market in the weeks and months post IPO from instows and investors to build their original parcels of stock they were wanting.
Plus the valuation is cheap for the growth that's accorded leading up to 31st Dec and the huge wave coming particularly as the economy is opening up . The growth & demand for short term loans is huge and they haven't really done much marketing yet. The facts are Standard BNPL Companies only serve about 20% of retailers in AUST. Beforepay can service 100%, because 100% of business will take CASH money from someones bank account. so the market is much much much bigger. Also they have the best tech very little or very average competition and they have first mover advantage, and excellent management . Don't underestimate the value, power and contacts of Brian Hazer ex CEO of Westpac. You don't become a CEO of westpac without some skills and abilities. For a startup that only been around for 18 months to get someone of the his caliber to be the chairman is nothing short of as amazing . and now they have secured ex CFO Luke Bortoli from AFTERPAY to Become the CFO of BEFOREPAY. This Company will be much much bigger in the next year. Brian Hazer is not silly, he had lots of company offers to join , its not a fluke that he choose Beforepay . With the team they are building and this business model this company is definitely on the rise...

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LOL.

Brian Hartzer is one of the worst CEOs in the banking industry and Westpac's share price reflects that. You may as well bet on that idiot Tom Albanese ex Rio Tinto CEO starting a new mining company. Remember how he nearly caused that great Australian miner to collapse? The idiot American CEOs go nuts on huge acquisitions, so stupid.

Anything that Brian Hartzer has his hands on, you should run away from.

Ian Narev, Matt Comyn, Ralph Norris, all different stories.

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Last 87.5¢		Change -0.045(4.89%)		Mkt cap ! $41.52M

Open	High	Low	Value	Volume
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Beforepay: the acceptable face of payday lending, page-31

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Beforepay: the acceptable face of payday lending, page-31

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