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11/04/18
21:44
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Originally posted by tone76
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Great analysis. It's good to see someone stepping away from the charts and looking at what drives a business to succeed in its chosen market, which in turn should be reflected in the share price.
I had a very similar thought process to you when I first bought into Z1P. Bear in mind this was back when it was still RRE, and the Zip products hadn't been launched yet. I had seriously considered buying APT when they listed (as APY), as a way to mix my exposure to the emerging "buy now, pay later" fintech market that appears to be to Millennials what lay-by was to Boomers and the AGC Credit Line was to Gen X.
In my opinion, APT's biggest strength has been its profile. It has a much higher profile than Z1P, which makes it more of a household name. However - and at the risk of upsetting APT loyalists - I believe Z1P has a more robust back end, and better risk management practices.
I'll need to sit and look at the APT announcement carefully before making any decisions. However, at these prices, it's looking more and more tempting to have a bet each way in the "buy now, pay later" space.
GLTAH.
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Agreed, good observations.