AUK 0.00% 0.6¢ aumake limited.

Ann: Alipay & Tencent Buy-Now-Pay-Later services, page-25

  1. 1,712 Posts.
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    I don't agree at all.

    Having collected a very very handsome profit out of AU8 in the first 6 months of trading, I expect the punters to come back in significant numbers when the business returns to its "new normal" trading conditions.

    As a start up this company had nothing but the SP flew up 900% on speculation.

    With no debt and enough cash to last 3 more quarters, the business now is far most robust and mature. The sniff of a return to profitability to me seems quite likely to get bottom fishers in followed by speculators.

    So I have to wait a couple of years for another 3,4,5, or 6 bagger? Big deal, have been in this bus for so many decades, that is a walk around the block for me now. In the meantime, I will buy in the 5's, if a CR comes at the right terms, I'll definitely support the business.

    That's my take rob80. And a market being a market assures me someone has the opposite view. I can afford to be wrong this time around as most of my holding is still free carry and if I am right my grandchildren will love me even more when I am dead.
 
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