FSA 0.00% 81.0¢ fsa group limited

Ann: Acquisition, capital raising & upgrade to earnings guidance,FSA-CGR.AX, page-8

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  1. 422 Posts.
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    I only like telling the gullible ones what to do @vestro. I was only joking when I nominated you for that board position, I didn’t think you would seriously accept the nomination. Luckily I don’t get embarrassed to easily!

    While I do not fully understand the business model adopted by the 180 Group, it was clear to me that bad debts were on the rise, 8.93 percent of the loan pool as at 31 December 2015. Not good. Compare that with the car loan pool of zero bad debts, I think the team worked out which one to focus on moving forward.

    There is a good chance the ten million dollars will be distributed by way of a special dividend. I am still a holder and believer. Debts agreements are still on the increase.
 
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