23 May 2019
Buy Hold Sell : It was only a few years ago that the concept of ‘Buy Now Pay Later’ didn’t exist. Today it is one of the buzzwords in the emerging companies segment of the ASX. From an almost standing start the four stocks being discussed today have amassed a combined market cap approaching $8 billion. The revenue figure, on the other hand, is materially less.
AfterPay Touch (ASX:APT) is the giant in the sector, however, Zip (ASX:Z1P), Splitit (ASX:SPT) and the reinvigorated FlexiGroup (ASX:FXL) are all chasing a share of this growing market.
In this episode, Ben Clark from TMS Capital asks David Allingham from Eley Griffiths and Oscar Oberg from Wilson Asset Management for their views on these four stocks.
General Advice Warning: The site may contain, or may be linked to, investment reports, options, estimates, recommendations and other information (Information). However, such information comprises general securities advice only and has not been prepared taking into account the particular investment objectives, financial situation and needs of any particular person. You should carefully assess whether such information is appropriate in light of your individual circumstances before acting on it. TMS Capital Pty Ltd strongly recommends that you seek independent advice from a qualified professional before acting on any of the information contained on this Site or any other website on the Internet.