Nico (@RealMichaelScott) on getquin

3Wk·

New purchase PayPal

Yesterday I shared my thoughts on PayPal $PYPL (+0.64%) and today, at the stock market launch in the USA, I got straight down to business and opened a first position.

I don't see PayPal as a growth monster, but rather as a value play:

Management change shows first fruits (catalyst for revaluation)
Free cash flow yield historically high
massive share buybacks (probably 7-8% of own shares will be bought back this year alone)
Solid and stable user base that can be further monetized

The moment after the short-term sell-off following the good quarterly figures seems favorable to me. We will see whether it goes down a bit further. There may still be an opportunity to buy more.

30.10

PayPal

Bought at €72.89

7 Comments

Sandy@DividendenMieze

3Wk

First everyone screamed SOS and now people are buying diligently 😅 I had so much stress with Paypal for ultimately 2k profit and now I'm leaving it alone. Better for my nerves 🤣

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View all 3 further answers

ThemenmitKopf@topicswithhead

3Wk

Value play in any case, but I don't know if the management sees it the same way. If you keep the customers, cut costs and expand the offering, it's definitely a good stock.

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MHi_292@trader_567

3Wk

fully agree with your points - plus strong balance sheet/no net debt.

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Hennington Research@HennRes

2Wk

I've been a shareholder since last year and have predicted exactly these things :)
There's still something in the share

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