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43.5¢ humm group limited

Takeover will unlock value ?, page-2

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mypravda

2,920 Posts.

120

01/05/21

07:13

Post #: 52862875
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Originally posted by sandy68: ↑

Equity staying this cheap is not really good for shareholders. It results in takeover at some point by deal hungry private equities flushed with cash and future value goes to the bidder.

Lets detach BNPL and look at his from a different dimension. A valuation play.

An annualized profit of $80 million trading at 5.5 times market multiple. If this isn't crazy I don't know what is.

If you apply an acquisition multiple of 12, then share price would be $1.93.
Multiple of 15, share price should be $2.42
And so on.

Banks wanna get into BNPL right? Here is it - staring at their faces. It is called acquisition and consolidate.

Being a business minded person, high margin businesses like these are cash cows.

And this is the only micro-finance or BNPL provider in Australia that makes money. This is also crazy.

Risk vs Reward has never looked so asymmetrical.

If I knew chairman I'd suggest him to issue $200 million worth convertible notes and use most of that to buyback shares. Without anymore delays. If this wouldn't be a crazy deal then don't know what would be.

Open for feedback.

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hear hear

HUM Price at posting: 89.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 43.5¢		Change 0.005(1.16%)		Mkt cap ! $222.4M

Open	High	Low	Value	Volume
43.0¢	44.5¢	43.0¢	$137.0K	314.0K

Buyers (Bids)

No.	Vol.	Price($)
4	155482	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
44.0¢	16450	1

View Market Depth

No.	Vol.	Price($)
4	155482	0.430
4	88721	0.425
5	154813	0.420
2	35598	0.415
2	10030	0.410

Price($)	Vol.	No.
0.440	16450	1
0.445	8980	1
0.450	142751	9
0.460	80123	2
0.470	96843	10

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 43.5¢			Change 0.005 ( 1.16 %)
Open	High		Low	Volume
43.0¢	44.5¢		43.0¢	607083
Last updated 15.56pm 16/05/2024 ?

HUM (ASX) Chart