ZIP 1.00% $3.03 zip co limited..

Ann: ZIP CEMENTS ITSELF AS A TRUE GLOBAL BNPL LEADER, page-320

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  1. 4,318 Posts.
    lightbulb Created with Sketch. 1942
    Lol I'm fine the chart was bullish as I posted it would have been madness to short into that volume and momentum.

    Whoever the new IR guy is he has earned his salary several times over.

    They have takem a leaf out of APT IR book by focussing the press release on headline numbers and doing comparisons with APT on TTV and ensuring they got as much press coverage as possible.

    They could not fail to increase TTV with pay anywhere and Tap and Zip so they will continue to sell that story until the actual financials are published and we see the true scale of the financial losses and the penny drops on reduced margins and increased bad debts.

    Although USA is becoming the major contributor to the growth of the business as ANZ is grinding to a halt, they deliberately omitted the bad debts and arrears from the USA in the press release.

    At the end of the day the stock market is a voting machine and if enough people choose to ignore the financials then long is the place to be.


 
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