Some 'Your Money Your Call' chatter on MNY this week.
Panellists main points included:
Somewhat illiquid which may put off some investors (although he quoted the market cap wrong)
When MNY 'decouples' more from SACC lending it will become more palatable, though the business is on the 'up and up'
A P/E of 8 and growing earnings 'last six years at 26%' and looks cheap.
'Team Invest' 'filters' show is returning 30% and year for the next few years, and 17% a year on a margin of saftety - whatever that means. This is if they continue the growth trajectory they have demonstrated in the past.
'Team Invest' like it and it passes their 'filters' (I think you pay like 5K a year to have access to the software and be in the 'team', so that must mean something... )
So, quite a glowing report of the business so hopefully that drums up a little bit of interest in the stock.
SKY make a podcast of the show if you want to find the segment in there at about 27:30
MNY Price at posting:
$1.53 Sentiment: None Disclosure: Held
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