Remitly Global Stock Forum

$RELY.US$ All comments on moomoo are influenced by motley fool WHICH I DO NOT LIKE. I give zero value on your assessment of stocks

$RELY.US$ Seems way oversold to me

$RELY.US$
Long/swing @ 16.90. SL if 15m closes below 16.25

Gainers:
• $KSS.US$ +10.4% (Board of Directors enters into three-week exclusive negotiations with $FRG.US$)
• $GTLB.US$ +8.5% (In reaction to earnings)
• $UNFI.US$ +6.9% (In reaction to earnings)
• $PLAY.US$ +6.3% (In reaction to earnings)
• $GIII.US$ +5.6% (In reaction to earnings)
• $HQY.US$ +4.2% (In reaction to ea...

There's been a surge of interest in BNPL services in China over the last decade, said Kapil Tuli, marketing professor at the Singapore Management University's (SMU) Lee Kong Chian School of Business.
Buy now pay later services are a form of payment where consumers make purchases and pay them off over a period of time in several instalments, often interest-free. While BNPL is typically interest-free, some providers charge high late payment fees.
A few factors are fueling the "perfect storm" for the growing trend, according to Tuli. They include unprecedented low interest rates, the rise of online payment through "super apps" like Alipay and WeChat and extremely well-funded fintech start-ups eager to acquire new customers.
In addition, China's cashless society, huge e-commerce market and mobile and online shopping have become a ubiquitous to life in China, said Boh Wai Fong, deputy dean of Nanyang Business School at Nanyang Technological University in Singapore.
The Chinese BNPL sector emerged as one of the fastest growing markets in Asia-Pacific region, according to a survey by research and consulting firm PayNXT360.
According to the Q2 2021 BNPL Survey, BNPL payment in the country is expected to grow by 51.3% on an annual basis, and could reach $82.78 billion in 2021.
$RELY.US$ $GRAB.US$

$RELY.US$ No support, no buying. Financial report dish after dish before did not sell decisively, really blunder! I knew things were bad when I saw bid/ Ask change to 32/38 before trading that day, but I still opened with illusions. Said 15 bottom, you are not long, is bearish. This IPO, probably in the best performance of the listing to cash out.

$RELY.US$
Down to 25, the price-to-sales ratio is close to 9, and fourth-quarter revenue is expected to grow more than 50 percent year over year. Western Union's revenue rose 2.4 per cent year on year and its price-to-sales ratio was 1.3. Telegraphly is an Internet service, not SaaS, and it's just unappreciated. Industrial stock market sales rate can reach more than 10.