Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

Click for more information

0.00%

$66.47 afterpay limited

APT - can the run last? young kids love it, page-3

First 3 Last

Share
Profile

Follow
Christos12

3,781 Posts.

331

23/02/18

18:31

Post #: 31300960
Share

Originally posted by alfred137 ↑

as a finance company, the key is never the growth, profitability or creativity, is how you management the risk. Afterpay is running great in many way: sales and revenue more than doubled with net transaction lost maintain at low level 0.7%, due to its nature and reasonable charge. why is it so low? 1. kids dont have credit card, they only have small amount of money and are willing to have a little luxuries; 2. they can afford the instalment, >75% of customers have outstanding balance of <$300; thats why, 3. 93% of orders incur NO late fee. is it overvalued? I dont know, i have no idea how to value this company at this growth, so i will sit tight with cost of $2.4 and see how it goes. ideas?

Expand

Bad debts are 0.7% but they are 40% of revenue. This is huge. They need to find a way to reduce this further. Their tech should make it stronger as they exclude more users but I will believe it when I see it.

I expect higher bad debts in the next report but lower thereafter.
If the shareprice rockets again, I will probably sell.

APT Price at posting: $7.19 Sentiment: Hold Disclosure: Held
3 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 463 more messages in this thread...

First 3 Last

Add APT (ASX) to my watchlist