Indeed Roger has recently posted on APT. Describes Afterpay as a...

Indeed Roger has recently posted on APT. Describes Afterpay as a "factoring" business. He is not keen on the economics of such businesses. I listened to a webcast by another fundy Michael Glennon (who does hold APT). Michael stated he had received lots of enquirys from his clients on the sIze of their APT holding. My take Is that fundys wIll feel compelled to dIscuss APT with clIents - whether they hold or not. these are worth monitoring in my opinion for insights whether negative or positive. The Fool article is correct in that 'expensive' growth stocks like APT are quite polarising. unfortunately vIews often don't get much beyond 'expensive or not'. Roger's article (subscriber only) does get into some detail and worth a read IMO.