Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Tree shake this morning? Can’t see a good reason for why this seems to remain so undervalued. What am I missing?!
Last year APT released a trading update on 9th July so may be the same or available shortly
https://twitter.com/surprised_trade/status/1409769270347767811
about to get bigger (Amazon etc.)
Afterpay Aims to Become Platform for Global Brands
Nick Molnar, co-founder and co-chief executive officer of Afterpay Ltd., a buy-now pay-later company listed in Australia, discusses how the coronavirus pandemic has been affecting his business. Afterpay rose as much as 7.5% on June 24 after the company said it’s making its service available to select app customers at large U.S. merchants like Amazon Inc. and Nike Inc.
https://www.bloomberg.com/news/videos/2021-06-29/afterpay-aims-to-become-platform-for-global-brands-co-ceo-video
Many single digit trades, so all is not what it seems. I only had a tiny stake here, so sold and took profit before the chance was gone. If it retraces, I will buy back. All depends what happens to AP this week.
Any thoughts as to why?
Any press coverage?
Apt small down day on low volume after 6 up days and the pattern replicated over the preceding 7 days. Long may it continue
Says different in the uK accs
end of last year AFT share price was A$ 118
Clearpay put option was only $67.840.000 ( from the link below) and we are values now at about $110m . Clearly AFT doesn't agree with this valuation
https://afterpay-corporate.yourcreative.com.au/wp-content/uploads/2021/03/Afterpay-Limited-Half-Yearly-Report-HY21.pdf
It depends on what your investment aim is. If you are holding in the hope of a Clearpay buyout then Afterpay’s share price has a direct impact on the end valuation.
“Afterpay’s share price has very positive implications on the conservative valuation of ThinkSmart’s 10 per cent stake in Clearpay. That’s because Afterpay has a call option (exercisable from 23 August 2023) to buy ThinkSmart’s 10 per cent holding. ThinkSmart has a put option (exercisable from 23 February 2024) to sell its stake to Afterpay, too. The price is calculated on agreed valuation principles that were used in determining the carrying value of the stake in ThinkSmart’s accounts. One of the principles is the market capitalisation of Afterpay.”
Even if you are holding short-term Thinksmart tends to track Afterpay’s share price movements. So, any positive news from Afterpay is beneficial to Thinksmart’s share price.
In the last results we were tracking the USA on performance. Last year the APT trading update for the year to 30/6 was made on 7/7 so lets see what is said about UK
but what matters for us is the UK part of the business and there is Hugh gap between TSL and Afterpay how much our stake is worth
For those unclear about the technology behind the Afterpay card:
“The Afterpay Card has replaced the barcode system of shopping in-store. It is a contactless Mastercard stored in your Google Pay or Apple Wallet and is super easy to set up and use. With Afterpay Card, you just App it, Add it, and Tap it to pay in 4 interest-free instalments.”
“The product enables customers to use the buy now, pay later service regardless of whether the merchant has an agreement with Afterpay.”
This really is a game changer…
“Afterpay Ltd has dramatically expanded its ‘one-time card’ that US customers can use, onboarding big-name merchants covering almost half the online shopping activity in the US.”
“The buy now, pay later provider revealed Wednesday 23rd June that the likes of Amazon, Nike, Target Corporation, Sephora, Macy’s and Dell Technologies are now available through its app.”
“Customers can now generate a single-use card to enter at checkout for any of these brands. The transaction is then facilitated by Afterpay, with all the usual benefits of instalment payments.”
“Nordstrom Inc, Walgreens Boots Alliance Inc, CVS Health Corp, Kroger Co, Victoria’s Secret and Yeti Holdings Inc were also onboarded during the expansion.”
See the APT RNS with the USA press release regarding Amazon and tinternet retailers, also the 650k customers signed up in AUS for mastercard in 3 weeks ie can use in store with no BNPL facility....very interesting innovation. Assed 40k shares at the off
AP now $130
https://www.thetimes.co.uk/article/millennials-happy-to-treat-themselves-by-instalments-gp8fl79ps
Millennials happy to treat themselves by instalments
Clearpay’s interest-free online payment model grew rapidly during the pandemic
“From the other market launches, we know offering in-store payment provides an enormous opportunity to reach new customers who, out of habit or preference, opt to shop in-store,” he says. For high street retailers that have been ravaged by the pandemic anything that encourages shoppers will be welcomed with open arms.
, coiled spring' as sp lags the climbing AP now at $122
Apt now up 11 out of the last 12 days. Todays rise of 2.9% attributed to Paypal increasing their average charges to 4% (Apt 3.8%) so no longer competing on price
indeed, AP $117
Another plus day for APT +$3 +2.7%. Momentum continues
Morgan Stanley tgt APT price is $145
substantially undervalued even ....
indeed, value gap increasing as AP at A$ 114p....ensuring TSL shares are sunstantially undervalued at current sp levels, I've added on the dips as a potential 30-40% upside to 'fair value' from 64p
Morgz1
Also APT up 6.5% hence added 40k at the off today
On 14th May Afterpay was around $85 and Thinksmart was 66p.
Since then Afterpay has steadily risen to $114 (a 34% increase in price) whilst Thinksmart has dipped to 63p.
Doesn't make any sense but this pretty much feels like free money at these levels. Seems as if the Thinksmart price only reacts when Afterpay drops, but stays static when it goes up.