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$1.72 zip co limited..

Ann: Zip hits the bullseye with Target, page-15

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NollMac

146 Posts.

17/09/18

21:05

Post #: 35656532
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Originally posted by littlecorn ↑

below is my calculation of the receivable amount Z1P needs before actually can make money:

funding cost = 5.5% interest
bad debt = 2.5%
Less: merchants average pay 3.5% commission
net funding cost = 4.5% needs to be recovered from consumer

breakeven receivable = $AAA, each consumer has 1000 line of credit, no of customer = AAA/1000, revenue from each customer = AAA/1000*$6*12.

For AAA/1000*6*12 > AAA*4.5%+35m corporate cost, $AAA or receivable needs to be well over $1bil.

if Z1P increase merchant fee by 1%, and consumer monthly fee by $2, $AAA = 500mil.

so it is inevitable, what Z1P will do is to aggressively acquire consumers, and hit them in the end like banks do, hahaha

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This is some shonky analysis. The across-the-board $1000 limit is wrong, there's an interest bearing product you ignored completely, plus there's other fees. Your funding, bad debts and average merchant commission figures are also wrong.

Last edited by NollMac: 17/09/18

Z1P Price at posting: $1.08 Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.72		Change -0.040(2.27%)		Mkt cap ! $1.937B

Open	High	Low	Value	Volume
$1.80	$1.83	$1.70	$26.91M	15.42M

Buyers (Bids)

No.	Vol.	Price($)
2	5000	$1.72

Sellers (Offers)

Price($)	Vol.	No.
$1.73	15000	2

View Market Depth

No.	Vol.	Price($)
2	5000	1.715
10	163277	1.710
9	209337	1.705
27	459980	1.700
12	200320	1.695

Price($)	Vol.	No.
1.725	15000	2
1.730	150716	11
1.735	132967	7
1.740	464179	20
1.745	60135	2

Last trade - 16.10pm 11/07/2024 (20 minute delay)

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