Thanks for your considered reply. I continue to reflect on all these factors. Some more thoughts particularly regarding bad debts. Z1P bad debts (or provisions for, which some will be recouped from); Rose (H1 2021 -2022) 502% from 29.5 mill to 148.3 mill. This represented 49% of revenue.
SZL bad debts (2 provisions in their report); Rose (H1 2021 - 2022) 269% from 22.2 mill to 59.9 mill This represented 61% of revenue.
Why this doesn't alarm investors more I do not know. I thought Z1P did credit checks? In what business analysis would you 'ignore' the signs and allow a 500% increase in bad debts provision...? Is this why Z1P has not attracted even ONE significant investor (in my books 10%)? We will never know.
People are 'trusting' management to turn this around. What targets have they set? Perhaps you can allay my concerns...
Z1P Price at posting:
$1.23 Sentiment: Sell Disclosure: Not Held
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