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

APT

Click for more information

0.00%

$66.47 afterpay limited

Very poor counter/analogy.I'm referring to the hype, lack of...

First 178 Last

Share
Profile

Follow
PigsMightFly

7,705 Posts.

2797

05/08/20

12:58

Post #: 46318074
Share

Originally posted by casajack: ↑

Very poor counter/analogy.

Poseidon discovered a nickel deposit & was pre-revenue & based on a commodity price boom - fairly different circumstances. FY21 Afterpay will likely have revenue of +$1BN - may even turn a profit, but may not.

Hard to value sure - in a bubble, maybe, maybe not.

Here's the thing (this has been my theory since early 2018) - Paypal will buy Afterpay or Klarna - to give it a post-payment genuine popular financed option - gives their 350Mn customers instant access to a second or third payment option, increases their transactions & fees & potentially margins ...

Expand

Very poor counter/analogy.

I'm referring to the hype, lack of critical analysis by the media and the feeding frenzy by mums and dad investors. They are very similar in both cases.

APT Price at posting: $70.99 Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

HAS

Hastings progressing Yangibana to production with lower costs

The iron ore comeback: Can it last?

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 20 more messages in this thread...

First 178 Last

Add APT (ASX) to my watchlist