HUM 1.14% 43.5¢ humm group limited

I reckon I should back this dog.1. Take up SPP entitlements at...

  1. 9,228 Posts.
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    I reckon I should back this dog.
    1. Take up SPP entitlements at $1.14
    2. Company will be $140M better off
    3. Watch the reversal of the $31M provision in FY21 - sandbagging
    4. Watch it sell or spin off its commercial leasing business (more cash for a bad day or another share on the ASX to multiply profits)
    5. Rebranding is a step in the right direction
    6. Still 30M shorted shares to sell on market when international expansion is announced
    7. Major card revenues when domestic borders reopen

    Thanks to those that sold on the open and gave me a bargain:
    - Z1P is ~2.5x CR price of $3.70
    - SZL is >2x CR price of $5.30
    - OPY is ~2x CR price of $2.40
    - APT is ~1.35x CR price of $66
    - FXL is <1.1x CR price of $1.14

    DYOR but upside is massive here once the short squeeze trigger is hit.
    Last edited by prosperity: 28/08/20
 
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