MNY 0.00% $3.15 money3 corporation limited

Your Money, Your Call 'Analysis'

  1. 1,236 Posts.
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    last night the first company that was asked about was none other than, Money3.

    It was a pretty piss poor answer to the question and discussion about the stock. Which was compounded by the fact one of the panelists just pushes speculative mining and pharma companies.

    The question was, what factors are going to move this stock in the future?

    They pretty much just talked about how it was unethical and not something they direct clients to. So, a contrarian indicator perhaps?

    Though seriously, at 77% and growing loan book share consisting of secured lending, auto loans. Is it really that unethical to provide expensive car loans to people that don't have good enough credit to go to a traditional lender? Are Money3's funding and provision costs not substantially higher for this fact?

    Also intersted if anyone can have a go at answering the question.
    Last edited by JoeGambler: 15/06/17
 
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