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hotaup

159 Posts.

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30/07/20

15:02

Post #: 46188421
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Originally posted by StefanF: ↑

View attachment 2344985
Source: https://www.copyright link/companie...pansion-as-gen-z-shuns-credit-20200625-p5561x

I actually think it would be worth to try and get your hands on the presentation that was presented during the summit. It had a lot of detail and insights. I had a quick look but couldn't find it unfortunately.

Regarding your balanced view, I appreciate it. I've held APT from 2017 but sold (somewhat luckily) just before the COVID-19 market crash due to risk management and my beliefs at the time that this could end badly for APT (due to slow down in spending and increase in bad debt charges).

I ended up (again quite luckily) buying in at the bottom as the lack of material increase in default rates became apparent. I'm not a blind holder and I too look for a balanced view, and there is substantial information out there that shows credit card usage is in decline relative to other means of payments (emphasis on relative).

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here you go

https://www.afterpaytouch.com/images/25062020-AFR-Retail-Virtual-Summit-Nick-Molnar-Keynote-Presentation.pdf

APT Price at posting: $68.69 Sentiment: Hold Disclosure: Held
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0 Great analysis

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Add APT (ASX) to my watchlist