0Market Cap0.00P/E (Static)
0.000High0.000Low0Volume0.000Open0.000Pre Close0.00Turnover69.30052wk High0.00%Turnover Ratio298.01MShares66.47052wk Low-0.55EPS TTM0Float Cap160.050Historical High0.00P/E (Static)257.26MShs Float2.650Historical Low-0.55EPS LYR0.00%Amplitude--Dividend TTM0.00P/B1Lot Size--Div YieldTTM
Afterpay Touch Group Ltd Stock Forum
The BNPL offering is attractive to the growing younger generation and even while margins are likely to contract, they should remain attractive especially when we consider the “fat” in the credit card industry.
Once customer loyalty has been secured the players will be able to roll out related offerings such as online equity trading, personal finance, local/international flexible loans and even crypto.
We also shouldn’t forget that the previous launch of competing products actually led to an acceleration in merchant and customer awareness and with $Apple (AAPL.US)$ now involved this is likely to be repeated in the short-term while margin/consolidation feel inevitable longer-term.
Arguably the biggest issue over the coming months for this volatile sector is sentiment, it’s definitely unlikely to be good following this news and a further 20-25% fall by local leader $Afterpay Touch Group Ltd (APT.AU)$ for example wouldn’t be a surprise, especially considering it's well within the usual swings of both the sector and stocks. We should also be mindful that the smaller players generally trade with a higher Beta i.e. their moves are exaggerated.
No comment yet