ZIP 3.94% $1.85 zip co limited..

I have said it before, the team has to shore up its defences...

  1. 322 Posts.
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    I have said it before, the team has to shore up its defences against bad debts.

    few investors are going to buy the 'going for growth story' when the bad debts are not in control.

    not a happy investor atm...I'm guessing I'm not alone on this.

    get bad debts in check (I'm bracing for impact as next announcement is likely to report continued high losses)

    forget growth. get bad debts in check..then get the growth

    the states and quad pay worries me as well...their macro headwind, time to transition quadpay into zip business model and culture will take time ...upside is that,unlike revolving bnpl that is zip, quadpay is a short term transactional bnpl product...handy when mitigating against losses.

    fix credit losses!!!
    Last edited by AaronM80: 31/07/20
 
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