Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

Click for more information

0.00%

$66.47 afterpay limited

AFR Story - on CFO, page-115

First 115 Last

Share
Profile

Follow
Hollyw00d

2,938 Posts.

283

06/10/20

14:23

Post #: 47884305
Share

Originally posted by PigsMightFly: ↑

You just made a very common mistake my esteemed friend, but thats okay, alot of investors new to the market make the same mistake.

I was in the market (long) before you were born. Buying loss-making, (almost) zero-asset, speccies like APT is usually a sign of inexperience.

Revenue growth is more important for a growing company than profit.Every competent accountant on the planet would probably disagree.

What would you rather, 10% profitability on $10,000,000 or an eventual say 1% on $10,000,000,000?I'll take the 10% profit anytime. The first rule of investing is not to lose money.

You can get 1% risk-free by buying bonds so why would anyone consider consider tying up $10 billion in a speccie with potentially unlimited downside.

Expand

my esteemed friend, you would rather invest in a company returning profits of $1m instead of $100m?

APT Price at posting: $84.04 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Bitcoin: Current State of Play & Where to Next | Swyftx

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Revolutionary inverter technology leads the clean energy charge

There are more pages in this discussion • 6 more messages in this thread...

First 115 Last

Add APT (ASX) to my watchlist