$1 Club, page-25045

First 25045 Last

Share
Profile

Follow
rioohyes

212 Posts.

49

26/09/21

16:04

Post #: 56356906
Share

Originally posted by Bullftw: ↑

External Factors

As we are nearing the finish of the worst time of the year for stocks, we will see a strong interest going forward with a strong Quarterly coming very soon. With the Malaysian economy, re-opening and vaccinations increasing, we will see a full economic recovery of Malaysia very quick by the end of 4th Q. I have attached a recent article from Bloomberg, which clearly states that Malaysia is on track to see the biggest 2022 GDP growths with India included in there.

"Malaysia, which posted one of the world’s highest daily new infection rates over the past month and underwent a leadership change, doesn’t face any immediate economic risks. The economy’s performance was supported by improvement in domestic demand and continued robust exports, as second-quarter gross domestic product grew 16.1%."

With added government stimulus packages, grants and schemes for the unbanked/underbanked sector, we will see a massive uptake in both consumers & TTV.

I have watched Affirm's stock price over the past month, we can see it has been very hot since the Affirm/Amazon partnership, but it has strengthened and we can see that there is room for growth for BNPL worldwide as there have been plenty of Acquisitions & partnerships within the sector (including our own IDSB acquisition) .

Overall, the trajectory for BNPL going into the Xmas period , we will see massive numbers due to the festive season and also the January Effect ( January effect is perceived seasonal increase in stock prices in the month of January). Lastly, with the overall external factors in favour of BNPL, we can expect to see huge growth numbers for IOU in revenue & SP appreciation.

Expand

Great post Bullftw.

With September nearly over I'm still buying and freeing up cash to purchase more.
IMO SP is trading at a significant discount at present and happy to increase my holding for a LTH.

As always GLTAH.

IOU Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

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

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

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

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

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