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APT - Afterpay Touch Group

Discussion in 'Stocks 0-H' started by So_Cynical, Jul 9, 2017.

  1. So_Cynical

    So_Cynical The Contrarian Averager

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    Afterpay and Touch have merged to become the Afterpay Touch Group, 215 million shares on issue with a MC of 669 Million, top 20 hold 65%, i imagine an investor presentation will be released in a few weeks or so, 3 directors in the top 20.
     
  2. So_Cynical

    So_Cynical The Contrarian Averager

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  3. So_Cynical

    So_Cynical The Contrarian Averager

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    Going Pretty well 4 months in, post Merger, a clear channel has formed just a matter of how long it holds? IF the channel holds it will be worth 20 bucks a share this time next year...couldn't possibly happen could it? would certainly require some international roll out success.
    `
    APT4months.JPG
     
  4. Choochoozz

    Choochoozz

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    Been watching this chart since it was $5.. Pussied out and shouldn't bought in...
     
  5. So_Cynical

    So_Cynical The Contrarian Averager

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    I added it to my superfund in late Sept @ 4.10 pretty much caught that bottom perfectly, dumb luck of course...up another 5.6% today.
     
  6. Choochoozz

    Choochoozz

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    Well I've just bought in @ 5.9. We'll see how this plays out either accept 10% loss if it does dip. Looking at the graph it is looking positive.
     
  7. So_Cynical

    So_Cynical The Contrarian Averager

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    2 Announcements out today, International expansion/strategic partnership/Placement and quarterly (xmas) business update - 15 m placement with matrix partners and more spectacular numbers.

    https://www.afterpaytouch.com/results-reports#

    Share price smashed through $7 to new all time highs.

    ~
    APTspectacular.JPG
    ~
     
  8. Choochoozz

    Choochoozz

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    Very expected with the retail season full swing this year.

    Now the challenge is today moving forward and what kind of results we'll see with the christmas retail season over.
     
  9. So_Cynical

    So_Cynical The Contrarian Averager

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    All 4 charts in my post above show growth just getting stronger and stronger, the growth is exponential.
     
  10. Choochoozz

    Choochoozz

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    Ah They've also just released the announcement regarding international expansion to the US
     
  11. galumay

    galumay learner

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    Certainly missed this one, I coudnt see the long term potential and didnt believe the narrative. Its been a good pick for you, So_Cynical!
     
  12. So_Cynical

    So_Cynical The Contrarian Averager

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    VSntchr and galumay like this.
  13. So_Cynical

    So_Cynical The Contrarian Averager

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    Opened above $8 new all time high $8.16 ~ thinking about it the Aussie and NZ business must be close to saturation thus maybe only 1 more quarter before we see some flattening of growth, they really need to get busy with international expansion, could i suggest just targeting one or 2 mid sized markets first...
     
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  14. Choochoozz

    Choochoozz

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    I think we should expand to international online shops if anything.. then slowly seep into the physically larger retail market of US.
     
  15. Neecy

    Neecy

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    Hello, I’m new to trading but watched tv today and heard mention of afterpay going into the US market, is it too late to buy? Thanks
     
  16. galumay

    galumay learner

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    Neecy, its probably not a great reason to buy, regardless of price! If your sole basis for an investment decision is a mention on TV about a business exanding into the US, then your money will be safer in a bank!

    From an investment point of view you have to decide whether you think APT is currently trading at a discount to value, I have done no detailed analysis or research so I have no idea if that is the case or not.
     
  17. So_Cynical

    So_Cynical The Contrarian Averager

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    In my opinion it is too late to buy Afterpay ~ however i did think Bitcoin was over valued at $5.
     
  18. galumay

    galumay learner

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    You may yet prove to be correct about APT and fairy money!
     
  19. galumay

    galumay learner

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    Its always interesting when a business I have bought into has a run up in it's share price to the point where I would describe it as "too late to buy". Logic tells me I should therefore sell, but I find that a really hard decision to make!

    How do you feel about it So_Cynical? Are you considering realising some or all of the profit?

    I do a lot of hand wringing and to-ing and fro-ing before I buy, but thats nothing compared to my paralysed inaction when I try to decide when to sell!!
     
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  20. So_Cynical

    So_Cynical The Contrarian Averager

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    Yep same here buying and particularly selling leads to a lot of hand wringing etc, i was close to selling a few APT last week before the latest run up, i made a list 3 weeks ago of stocks to sell and stocks to buy as i switch to FF dividends as retirement approaches, APT has a big red sell next to it based on the fact that any dividends are years away.

    I have now decided to sell about 2 thirds of my position on the next run up $8.50 - will buy a market neutral fund and keep some cash for the big pull back to come.
     
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