MNY getting noticed by motley fool
"I think the current Money3 Corporation Limited(ASX: MNY) share price puts the company in the buy zone right now. Thanks largely to the strong performance from its secured auto loans business, the company recently reported a 37.7% increase in half-year net profit after tax to $13.7 million. This led to management increasing its full-year profit guidance to $27.5 million. Despite the strong performance its shares are still changing hands at just over 11x trailing earnings, which I think makes Money3 a great option for investors today. Especially with its shares providing a trailing fully franked 3.2% dividend."
MNY Price at posting:
$1.56 Sentiment: Buy Disclosure: Held
