Shorters Corner!

This thread is dedicated to Shorters community who fundamentally believe that ZIP has potentially more downside than upside. The one who can openly disclose their short positions & discuss business are welcome here.

I believe that zip can easily maintain CAGR of minimum 45% in the five years which means we can see 100 million merchants as per Larry’s aspiration which means 30 b MC.

I certainly believe that zip is the cheapest BNPL stock on ASX based on P/S ratio compared to peers. Zip has proactive management who is expanding this business internationally.

On competitors front zip has the cheapest product for merchants & obviously interest free for users. Zip Biz is another market in the making & we would see 500 million dedicated lending facility for zip biz in next two years. I am interested to see views otherwise compared banks & other BNPL companies.

zip has handful of cash available with no CR on the horizon until next FY closing. Expansion in UK is more necessary than before especially after PayPal coming to sector.

Zip has launched a great marketing campaign which is evident in operating cost & also on almost all the merchant shops all over Australia.

Positives:

Great leadership
Great brand
Cheap product for merchants
Expansions/ growth
omnichannel
among ASX200 in 6 years

Negatives:

bad debt
more competition
volatility
Shorters to add!!

GLTH, we have see 50% drop in SP & we are back to journey of recapping our SP over 10$ in three months!