after reading the report last night, my decision on 225k shares is vote NO.
1) opportunistic - I think consolidation of BNPL is happening now and will be completed in 6-12 months. Share price tend to get suppress during this phase.
2) undervalue - i would consider if $335m in cash but not in LFS shares. Basically Humm shareholder taking the risk of expansion to overseas and LFS reap the rewards. I still think $400 is consider fair given the potential growth in Uk and Canada which I never heard I never heard a single word from the CEO.
3) profitable- we are a profitable company not a distress company. The current scenario looks like humm is a distress company that need to sell assests for cheap. Given we are not a distress company and not in the urgent to sell assets, LFS should pay 30% on top of what Kroll estimate which is ~$400mil.
dyor
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after reading the report last night, my decision on 225k shares...
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Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $230.9M |
Open | High | Low | Value | Volume |
45.0¢ | 48.0¢ | 45.0¢ | $121.8K | 259.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 69496 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | 0.465 |
2 | 60000 | 0.460 |
3 | 46148 | 0.450 |
2 | 11200 | 0.440 |
1 | 11100 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 69496 | 5 |
0.485 | 5000 | 1 |
0.490 | 13409 | 2 |
0.495 | 24000 | 1 |
0.500 | 12115 | 7 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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