Hugh SPACman

More opinion than actual substance. I've had a long day

[Hugh SPACman @HSpacman]

Did Afterpay pay in four equal installments for this one @profgalloway ?

[Ashley Carman @ashleyrcarman]

NEW: I wrote about the world of paid podcast appearances, or what some consider podcast payola. Guests are paying hosts up to $50K for an interview, and the disclosures around that exchange aren’t always clear or even existent https://t.co/HrNbkYC5YH

[Hugh SPACman @HSpacman]

On behalf of Australia, sorry world for BNPL https://t.co/cA1iijNFbZ

[Hugh SPACman @HSpacman]

Anyone who bothered to read why cost-based surcharging was introduced for credit cards in the first place would not have been shocked by this

[Tom Richardson. @tommyr345]

RBA's big policy mistake was failure to remove BNPL's provisions preventing surcharging, as prices just got pushed up for everybody whether you used BNPL or not, & BNPL never made any profits anyway

[Hugh SPACman @HSpacman]

Just a friendly reminder that if Afterpay were still listed, it would have just ticked under $50 a share

[Hugh SPACman @HSpacman]

Who could have possibly predicted that some random microcap that IPO'd late 2020 by Bell Potter and Canaccord would not become a winning BNPL lender in the UK and instead would be giving away investor capital to fraudsters?

[Hugh SPACman @HSpacman]

Haven't logged in in a while...how has $APT been doing?

[Hugh SPACman @HSpacman]

@88888sAccount How could anyone possibly have seen this coming?.....cough...cough

[Hugh SPACman @HSpacman]

@TheRealDavey2 They probably used to throw some mean lunches

[Hugh SPACman @HSpacman]

@DangInvestor Great point, $5 monthly subscription to bypass ads, new revenue opportunity

[Hugh SPACman @HSpacman]

Have to scroll through 35 pages of absolute BS before you get into anything remotely useful in today's Afterpay result. It's a cash incineration machine

[Hugh SPACman @HSpacman]

@hedgie007 Yes, pcp numbers are strong, half on half and quarter on quarter numbers are not. I would not expect close to another 75% rev growth next year. ANZ and UK flat lined. If they manage to pull off the takeover before then we might never know...

[Hugh SPACman @HSpacman]

Growth in marketing spend....i.e. discounting payments through Afterpay Day sales. Anyone remember MoviePass? Same energy

[Hugh SPACman @HSpacman]

Margins were lower, Revenue growth was none existent. Expenses growing faster than revenue...goes against all traits of a saleable business

[Hugh SPACman @HSpacman]

@88888sAccount Huge miss, they stopped recording QoQ and only showed pcp. The pretty much flat lined in all geographies....and coincidentally pretty much the same result in the US and Europe 3 quarters in a row

[Hugh SPACman @HSpacman]

@RampCapitalLLC @CorinnaKopf Onlyfans sub

[Hugh SPACman @HSpacman]

Now they are advertising in the AFR? These kind of businesses should be keeping out of the spotlight as might as possible...
https://t.co/maOpCwMFPk

[Hugh SPACman @HSpacman]

I'll take that back...not even sure my loan shark would charge me 5% for a cash advance

[Hugh SPACman @HSpacman]

BeforePay advertising during the Olympics...not sure why Future Me would charge Present Me loan shark-type interest rates https://t.co/8nFa0ODBBB