WZR

3.23%

3.2¢ wisr limited

Funny enough I'm actually a customer of WZR and I've used them...

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gooners123

84 Posts.

18

04/05/22

22:02

Post #: 61211706
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Originally posted by kevinrica: ↑

We welcome someone having a negative opinion for sure. I was the first to predict this could be 10C and here we are now arguing whether this could be 5C. This company had way too many cheerleaders. In a way I take that as a contrarian signal. I think people are too bearish on the equity now.

If you look at the probabilities, this has a higher chance of reaching 5C than 50C. I feel that we are just at the start of a bear market or not even halfway through the bear market. It can easily correct to the downside. However, it is unlikely to stay there long term because we are looking at share price at pre-pandemic levels. If it reaches that I might buy this for the future dividend.

Although this is being treated as a tech company, this is ultimately a lender and a company which caters to a few people who are not financially disciplined. I would never take a car loan or a personal loan ever in my life even if there is a gun to my head. In this difficult period with higher interest and inflation, I would argue it is a great space to be if you manage risk. Although I have zero regard for their capital allocation capability, from the risk management perspective, I could not fault the management.

I think since people who we lent are "high creditworthy" people and other lenders are less disciplined, this gives us more opportunity now. Let's hope one or two competitors find them self in trouble. This is the same reason I like CCP. These are the times I usually make lots of money.

There is more long term upside than downside for this equity at current share price.

Changed my sentiment to long term buy and short term hold.

Good luck.

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Funny enough I'm actually a customer of WZR and I've used them to fund a small business I have and they have been great haha, because the return on capital through the business is a lot higher than interest on the loan.

But to my original point, reading the financial data I echoed above, what is this company worth? And if you think that number is $160m MC or more, why?

WZR Price at posting: 9.9¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 3.2¢		Change 0.001(3.23%)		Mkt cap ! $43.93M

Open	High	Low	Value	Volume
3.1¢	3.2¢	3.1¢	$4.112K	129.8K

Buyers (Bids)

No.	Vol.	Price($)
1	278731	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	82261	1

View Market Depth

No.	Vol.	Price($)
1	278731	0.031
4	517710	0.030
4	751724	0.029
5	2115019	0.028
1	100000	0.027

Price($)	Vol.	No.
0.032	82261	1
0.034	267613	2
0.035	684639	5
0.036	345386	2
0.037	300000	1

Last trade - 14.23pm 26/07/2024 (20 minute delay)

WZR (ASX) Chart

Funny enough I'm actually a customer of WZR and I've used them...

Nine's staff strike as Paris Olympic coverage begins

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Featured News

Buyers (Bids)

Sellers (Offers)

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Funny enough I'm actually a customer of WZR and I've used them...

Top Stories

Nine's staff strike as Paris Olympic coverage begins

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News