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84.0¢ humm group limited

Ann: HUM 1H22 Investor Presentation, page-24

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jin12345

2,708 Posts.

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04/03/22

20:24

Post #: 59994693
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Originally posted by uncleapl: ↑

ST, separate the BNPL & Cards and Commercial businesses. LFS is buying BNPL & Cards. What profit did these divisions contribute to HUM's overall profit? You can't take overall profit and business metrics then apply these to the BNPL & Cards transaction with LFS. (Similarly you can't multiply the # of customers by the acquisition cost to value the business!)

Is this a good deal? Only time will tell. I do know that the BNPL business will be exceptionally capital intensive over the next few years in a very competitive space. Few will survive IMHO. I think it is wise to split it out and again I state, if it's such a great business where are the other suitors?

I also think we are getting out at the right time, I only hope we keep the Commercial business and only sell if there is an offer too good to refuse, and we long suffering share holders get some reward for our loyalty and patience.

Cheers, Unc

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we are not getting out of humm BNPL because we will be paid with LFS. That’s why I am fine with cash but if with LFS share I would expect at least 20-30% premium. SZL as a comparison
DYOR

HUM Price at posting: 86.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 84.0¢		Change -0.025(2.89%)		Mkt cap ! $412.7M

Open	High	Low	Value	Volume
84.5¢	87.5¢	84.0¢	$1.517M	1.769M

Buyers (Bids)

No.	Vol.	Price($)
2	8548	84.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.0¢	9192	1

View Market Depth

No.	Vol.	Price($)
2	8548	0.840
1	9192	0.835
2	15217	0.830
2	70638	0.825
1	3000	0.820

Price($)	Vol.	No.
0.860	9192	1
0.865	9192	1
0.870	15042	2
0.875	20000	1
0.880	406051	8

Last trade - 16.10pm 30/09/2024 (20 minute delay)

HUM (ASX) Chart