I hope you are right, The buyout scenario was also my reason for...

First 32 Last

Share
Profile

Follow
Cuprum29

903 Posts.

103

22/04/21

16:38

Post #: 52656838
Share

Originally posted by Marvin_Mindreader: ↑

I'm not sure you are looking at the same company that I am looking at?? In NZ they launched around the same time as Afterpay did, and beat them. In the UK it looks like they are the #3 BNPL there after Klarna and Afterpay. They seem to have a lot lower cost structure than the others, so appear to be more nimble. And they have obviously had a lot less capital than all the other players. So they must be doing something right.

Biggest problem is that Laybuy haven't been able to get traction with investors following the IPO. The growth is very strong, the numbers are good, the market size is large. They need better focus on investor relations and to get the story out. Their brokers from the IPO don't seem to be doing a good job of showing how undervalued Laybuy is compared to the competitors. On a valuation and metrcis basis LBY is the pick of all the BNPL companies.

Zip are most likely going to struggle in UK given how late they are and their product is the same as Afterpay (or it will cost them a huge amount of money to grow in the UK). If Zip do struggle, I would expect that they would seriously look at making an approach to Laybuy. Given the valuation differences it should be an easy decision for Zip. It would also make Zip #1 in NZ, and allow Zip to role out a weekly payment offering to all their merchants under the Laybuy brand. You would expect that at some stage Sezzle would also be interested in the UK. Their easiest entry into the UK would be to buy Laybuy (and the Laybuy product could be offered to Sezzle merchants in the US).

Cheers
Marv

Expand

I hope you are right, The buyout scenario was also my reason for getting in because I don't think LBY will outgrow the leaders.

LBY Price at posting: 89.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

There are more pages in this discussion • 11 more messages in this thread...

First 32 Last

Add LBY (ASX) to my watchlist

I hope you are right, The buyout scenario was also my reason for...

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Featured News