From "The Age".
https://www.theage.com.au/business/b...26-p55pfk.html
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From "The Age".
https://www.theage.com.au/business/b...26-p55pfk.html
Wouldn't just be funny it would seriously underline how undervalued FXL is (or how overvalued Laybuy is perhaps)
Another director buying today... you would think FXL's big day would have happened weeks ago and we were wondering if the next target price was to be $5 or $6, but instead its as if nothing has changed... no transformation, no growth, no profit, nothing - except all those things are happening.
Humm ....humm
https://www.afr.com/companies/financ...0200915-p55vpt
in the past 2 weeks we've seen Humm launched, directors loading up left, right and centre and now a big win for Flexigroup, yet you wouldn't think so with the share price essentially flat over the past fortnight...
least it closed above $1 on Friday
I thought this was a growth company?
Maybe NOW is the time to have another punt ...just maybe
But I doubt i'd invest for the long term ...too doggy for me
Big boom time is coming... market just doesn't realize it yet.
Among several other factors, it is pleasing to see Humm number 1 finance app in NZ Google store and 26th overall (higher than Zip, Afterpay, Laybuy - the lot)
Once the sale of the commercial lease division is complete, and a hundred million or two is banked, FXL will be a cashed up BNPL player with a differentiated and unmatched offering - that already has a huge base.
However, the realities is not what Mr Market focuses on (if it were, ATM would be closer to $10 than it is to $20 today already)... the shorters and manipulators are very powerful with FXL, and the story is still in the re-making (aka not strong as this point) and these are the things that matters.
Eco tj what’s going on
If I wait to next week I might be tempted at 80 something
FXL flexigroup announces strategic partnership with Masterca . Global expansion with mastercard
FXL AGM - Chairman's address .
FXL - 2020 AGM CEO's address
Don't think 80 something (cents?) will be coming, maybe $80 some time, yes. Certainly wouldn't be surprising if FXL was $2 come half year results. Growing (top line) faster than last half year and making more money (bottom line) than last half year - surprised the share price isn't already well over $2... I reckon the name change will be a game change - finally the dreaded word and ticker that is Flexigroup will be no more and it will have a zippy, splity, pay open, pay after, exciting name that will finally make Mr Market wake up.
The dog that is flexigroup is no more... time for things to get humming and we're off to a great start!
Hopefully you got in winner, not long before its back to $2 some say (at least that is what UBS is saying)
Pause in trading.....um,umm, hmm,humm de dum de dedoodley e
j_t - dog showing signs of awakening
Thought the update the other day was good
Market doesn't seem to think so
you mean market doesn't seem to think so winner?
I can't believe it is still under $1.20 - things going gangbusters, humming along nicely one might say, yet market cap still lower than the likes of SPT (over 10% lower right now)... SPT has recently announced it has $11.6m in 'annualized revenue' - HUM generating this in Cash Net Profit After Tax every 7 weeks!
$90m NPAT for FY21 and HUM is sitting on a PE of 6.3x... crazy stuff all round!
Every time share price gets to 120 odd I think this time a big break out
But it then goes back close to a buck
One day maybe t_j
Another real positive announcement from HUM and share price rockets over $1
Should be over 2 bucks though
For some reason the market just doesn’t get HUM. …and it remains unloved
Jst
It seems the big foray into cards (via the purchase of Certegy, then Lombard and then F&P Finance) has resulted in not much over the years other than alot of hype and a sell out well below where things arguably could/should be...
https://www.interest.co.nz/personal-...y-bolsters-its
I suppose FlexiGroup is going back to its routes (commercial lending)...
Will be interesting to see how the humm commercial finance (which should probably be renamed FlexiCommercial and they get rid of the humm brand entirely) will go...
Latitude financial will be a true giant in the consumer finance sector which will also be interesting to see how that goes...
Disclosure: sold out of HUM just over a year ago and have no intention at this stage of buying LFS or HUM (or whatever it becomes)