ZIP 3.29% $2.94 zip co limited..

market value apt based on P/S whereas CBA on P/E so no...

  1. AJ7
    15,927 Posts.
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    market value apt based on P/S whereas CBA on P/E so no comparison here...sek reported 9% drop in ebit whereas CBA reported 11.9% drop in underlying profit...sek terribly hammered today whereas CBA is still pretty....ALU showed 10% growth in profit & SP hammered on annual report...these are all Apple & oranges.

    zip bad debt is a concern but it is not necessary if zip improves it’s bad debt from 2.24 % to 1.1% with the likes of apt then market will value ZIP with P/S ratio of 25 & by 25 means zip fair value becomes 15$. For once, I would like to see market trading zip fairly.

    UBS still shorting APT with 25$ as they believe APT bad debt is 14% of the average gross loan. See below

    https://hotcopper.com.au/data/attachments/2375/2375567-78377df32119329d5e785c3f6f2cccc2.jpg
 
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$2.94 $2.99 $2.88 $32.83M 11.18M

Buyers (Bids)

No. Vol. Price($)
10 100504 $2.94
 

Sellers (Offers)

Price($) Vol. No.
$2.96 73050 7
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Last trade - 16.10pm 13/01/2025 (20 minute delay) ?
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