Thinksmart Share Discussion Threads

[carcosa] 28/10/2020 03:29

Whilst there is now an argument that the TSL share price is up with current events it is the future of AfterPay's business that remains the driving force.

At time of writing APT share price is up 6%, falling back from 8% earlier in the day following the Q1 Trading Update announcement



Headline news is essentially underlying sales in Q1 more than doubled, helped by strong growth in the United States where they added nearly 1 million new customers over three month, with underlying sales there more than tripling to A$1.6 billion ($1.14 billion) from a year earlier.

Afterpay now has 11.2 million active customers as of the end of September, 1.3 million more than three months ago.

Afterpay is richly valued but given TSL shareholders end game date is 2023 the business appears to be on course and it's up to APT investors to value the company accordingly; given customer growth rate I suspect further share price growth is attainable.

Turning to ClearPay:
Underlying sales in the UK in Q1 FY21 grew by 346% when compared to Q1 FY20.
On a local currency basis underlying sales grew by over 40% compared to Q4 FY20.
Active customers increased by 282% with the growth in average frequency per
customer outperforming both ANZ and the US

So there is some justification to expect significant organic growth in ClearPay too, something that perhaps some investors will overlook.

Adding in the Tencent share holding and the financial sense for APT to takeover TSL before 2023 long term holders of TSL should feel comfortable. Short term holders may, however, wish to solidify their recent gains. So something for everyone?

[sogoesit] 28/10/2020 03:28

APT Q1:



Strong growth in US ... 229% QY-on-QY

[johndoe23] 27/10/2020 13:34

Afterpay being down may be the reason TSL is down today, however don't rule out the ST strong buy effect from his article last week. They have a trend of rising sharply but also pulling back relatively sharply too!

[kadvfn1] 27/10/2020 12:34

Yeah might pick up some more if it goes lower

[gswredland] 27/10/2020 12:12

Must admit to selling here yesterday. Will wait till the dust settles I think....if it does!

[red ninja] 27/10/2020 11:18

I see Daily Mail have published an article on online edition about Afterpay :-

"'If market sentiment really turned, a 30 per cent correction in that sort of a share wouldn't be surprising based on where analysts see the price.

'Would I personally be a buyer of Afterpay, up here? No.' "

[red ninja] 27/10/2020 10:38

Afterpay share price fallen to 95.98 AUD no wonder Thinksmart is tanking !

In truth Afterpay is probably going to go higher, but then again is highly rated and the 2nd wave may cause the markets to slide globally.

I'm probably going to avoid for the moment, but there seem to be buyers out there.

Any views ?

[emigna2002] 26/10/2020 15:10

Wapper
26 Oct '20 - 09:08 - 232 of 236
0 1 0
People waking up to the real value here GLA

hahahahahahahah @the Movie Mogul

[sphere25] 26/10/2020 11:33

Oh absolutely FarnesBarnes. Hung onto this one alot longer than the majority as mainly short term natured, but it's nigh on impossible to know where the short term tops are. Usually sell in bits as it helps smooth things out rather than trying to nail the tops, which is never going to happen.

This has been an absolute pearl for investors though because it rarely takes a backward step so a much more straightforward one to hang on and I'm sure there are many who have been adding along the way up (ker ching! ;-)). They don't all move like this that's for blooming sure!

Had many go up, look great and then come flying back down in the past too (WIN is good recent example) - teasing twonks!

Prefer to lock things in along the way when you have these sharp moves higher (who knows might turn into a longer term investor in the future ha), but clearly everyone has their own way.

Hell, if it works, keep doing more of it, even if it is only one thing!

Rinse and repeat.

[farnesbarnes] 26/10/2020 10:04

No one ever went broke taking a profit Sphere, congrats.

[bwm2] 26/10/2020 09:27

Sogoesit
Thanks - so its all about data for APT

[sphere25] 26/10/2020 09:24

Lobbing some into this spike, price has been on an absolute tear higher. Moved from 42p to 70p in a flash! Concerned its overbought on the technicals, nothing more than that really. Maybe it won't give a pullback?

Nonetheless, well done to all buyers here and superb call from ST.

[wapper] 26/10/2020 09:08

People waking up to the real value here GLA

[bwm2] 26/10/2020 08:42

Thats 70p hit

[mngf] 23/10/2020 19:08

Going on boohoo and asos there are a number of these payment companies to choose from. All offering the same service. Does anyone know how these guys are different?

[red ninja] 23/10/2020 15:37

Afterpay share price at 102.13 dollars.

[kadvfn1] 23/10/2020 15:31

Buy just gone through for 135,000 shares @ 63.2 Awesome

[johndoe23] 23/10/2020 10:19

Kicking myself for not taking two opportunities to buy, at 39 and 46p. ST strong buy tip working a treat here!

[sphere25] 23/10/2020 08:27

Breaking out. New high.

[bwm2] 22/10/2020 11:17

Sphere25
APT still over 101 Aud and AGM statement coming up so still deeply discounted value available and more visibility shortly. Also Morgan Stanley raised their tgt this week to 115 Aud following the Westpac tie up

[sphere25] 22/10/2020 10:40

Added here this morning.

Decent amount of interest, price edged up a little.

Is it time for another new high?

[farnesbarnes] 20/10/2020 07:36

Thank you carcosa. That's superb input. If you ever see me at the bar you must let me get you a drink :)