ZIP 1.93% $1.78 zip co limited..

big tick up in arrears... shows credit quality has deteriorated...

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    big tick up in arrears... shows credit quality has deteriorated recently, really surprised this company is worth $1.2b when profit growth is slowing (massively in most cases - eg half of that from FY18 presentation) and it may not even get to a very profitable position... smart money just trying to pump the price up a bit while they sell out.

    Revenue yield medium term target has lowered from 20% to 18%... and a few others of those numbers on the page... seems like Z1P like to change the goal posts... never a good thing long term.
 
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