APT
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Haha my analyst works for one of the most lucrative funds in the...

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  1. ValueTrader82
    656 Posts.
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    08/06/18
    09:04
    Post #: 33584707
    Haha my analyst works for one of the most lucrative funds in the world, his base is over $5m and he 10x that in shares... I'd listen to him before Mr Ge... In saying that, I'd imagine hes clearly there to curb the $30m of Bad debts they are writing off... ie credit impairment... You can't argue with the numbers mate.

    I'd like to know how many people still think this business is making 25% gross and only writing off 2% in bad debts? The numbers are clearly more like 25% and 15%... that changes everything.
    APT Price at posting: $8.18 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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