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StefanF

5,519 Posts.

1391

04/03/19

16:11

Post #: 37646635
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Originally posted by chris1983 ↑

Originally posted by StefanF
You need try and stop twisting people's words. My point was that APT is more derisked than SPT which is pretty normal considering they are at very different maturity stages. I'm more comfortable with APT's risk than I am with SPT. I'm not sure why this is so hard to comprehend. Like I've mentioned earlier, people have different risk appetites, time horizons and life circumstances.
that’s completely fair stefanf. Being an afterpay holder earlier in the game I saw it going 2/3 fold quite quickly hence why I jumped on. I knew millennials would love spending money they don’t have and saw it as an easy investment. For me with its current valuation I still believe afterpay can double but it depends on the time frame. How quickly can it move towards a 10 billion dollar company? I think it will take some time.

Then we have SPT..been around since 2016 but hasn’t hit the ground running yet because I feel they have been restricting their spending. Now that they have access to more funds I expect to see some serious growth and I like that they have decided to expand into Australia. It’s a good choice since we know how merchants and shoppers have reacted to both afterpay and Z1P. Still believe this is ground floor investing right now.

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That's a fair call, SPT suits your investment purposes and risk appetite. I doubt APT will have the same growth as SPT but the lower risk makes up for it.

SPT Price at posting: $1.12 Sentiment: Hold Disclosure: Not Held
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