Thinksmart Share Discussion Threads

[sphere25] 17/9/2020 15:35

Some buying coming in now and testing that recent high. Surely smash through that high on those numbers.

[bwm2] 17/9/2020 13:48

The IC update is alto at 74p

[wilsonst1] 17/9/2020 09:59

Can only see the headline I'm afraid. Expecting upgraded PT from Investors Chronicle also today.

[bwm2] 17/9/2020 09:46

WilsonST1
Good to hear - can you access a copy/share
It would be much appreciated

[wilsonst1] 17/9/2020 09:24

Canaccord increase TP to 74p from 62p

[bwm2] 17/9/2020 07:37

So NAV now 62.4p per share.

This includes £53.7m for the 10% apt valued at 30/6 when APT price was $60. It is now $74 (down from high of $92.2 including a drop of 5% today)which would add 11.4p to 74.2p

No additional trading intel though

Apart from the above the most interesting additional comment was regarding the Director's desire to optimise the value of SmartCheck

DYOR

[farnesbarnes] 16/9/2020 08:39

Europe is addicted to debt. That's why interest rates won't go shooting up anytime soon. A never ending debt spiral, fuelled by ever cheaper new money. The ECB's only response is to inflate our way out of the bloody mess it has created, and kick the can further down the road.

Luckily our e-sports earning children will have a handle on how to solve the problem. Nil desperandum.

[bwm2] 16/9/2020 08:08

FB
Well spotted. Did you note that Klarna bad debt is rising in stark contrast to APT falling as per the recent profit (+ve) warning just prior to the results

[farnesbarnes] 16/9/2020 07:41

Not TSL/APT directly, but buy now pay later related:

[bwm2] 16/9/2020 06:12

APT up 4% today after a rise yesterday (+3.2% at 6.00 am, not sure the close)
It would be good to see any update on group run rate since the Apt results last months as well as the tsl specific metrics

[29palms] 14/9/2020 15:15

Nice move back north today and patiently waiting for Final Results for the year ended 30 June 2020 on Thursday, 17th September.
Also looking for any update in relation to APT, interesting times ahead.
IMO still undervalued with IC's ST target price of 63p back on 10th August.

As always,
DYOR

[spooky] 09/9/2020 15:51

As long as you realise that ST's valuation is based on a series of potentially spurious back of a postage stamp calculations.

[sphere25] 09/9/2020 15:47

Made a howler here after buying at 21-22p and lobbing up near 30p. Thought being conservative with the price target was the way, but ST then just came out and decided to almost double his target in one fair swoop...just like that...BANG!

Can you come and do that on a few of the other holdings please ST :-D

Price has come off alot from the highs at 45p so started adding back here beginning at 32p.

Let's see what the end game brings now.

[bwm2] 09/9/2020 11:06

Spob
Back down to 67.6p using calc in my post of 26th August (my last comment is apt.. forgive the pun)
APT down 1.3% today so not sure why tsl down 10%

[spob] 09/9/2020 09:11

Fair price for TSL after the falls in APT ?

[thomasearnshaw] 08/9/2020 14:03

Heading sharply down


How many delinquent loans does after pay have

[bwm2] 04/9/2020 11:49

ps trades seem very delayed in notification

[bwm2] 04/9/2020 11:49

Follow through from the US technology sell off yesterday. APT is down 6.6% so when TSL was down 12% it seemed to me a tad out of kilter so added 50k at 33.5p. Looking forward to the results

[qs99] 04/9/2020 10:12

any new news for this decline?

[bwm2] 27/8/2020 07:17

APT run rate now 15Bn sales pa cf 11.1Bn in year to 30/6, liquidity to triple this. Uk merchants 1100 at 30/6, now 1550 plus "substantial pipeline". Presumably the majority of this growth is in USA and UK but we will have to wait for TSL results in a month to discover more..... DYOR

[29palms] 26/8/2020 22:50

Onwards and upwards for TSL after final figs from APT on ASX this evening-



As always,
DYOR

[bwm2] 26/8/2020 06:07

I have just reread ST valuation methodology in his recent IC up date. In essence it boils down to the equation: [[value of APT in £Bn]*4.57]+13.1p
At the time the market cap of APT was £11Bn giving 63p
APT now is valued at £14.17Bn implying 77.8p value for TSL
However, the key assumption was based on UK having 10% of active customers of the group rather than 5% of group quarterly transaction revenue
The recent surge in APT valuation has been driven by the 19/8 profit upgrade and 23/8 announcement of the European acquisition which has a target completion date of 12/20.
So plenty to consider on 27/8 and to further review a month later with the TSL full year results
DYOR
PS To plagiarise David Bowie: I don't know where TSL is going from here but it won't be boring

[bwm2] 26/8/2020 05:12

29palms
Likewise. The two key things that I will be looking for are: 1) Active customer numbers and proportion in the UK 2) and UK proportion of transaction revenue. It would be ideal if they gave the current proportion as well as that for the accounting period to 30/6