Will the tailwinds of additional debt funding & the extra business from the consequences of the Royal Commission my estimate for FY19 PAT is in the range of $37-$37.5m.
I have a 12mth target price of $2.46, an increase of approx 18% (ex div). Estmated dividend of around 10.0-10.5c for the full year makes that a yield of 4.8%-5.0%.
IMO that makes MNY a solid buy.
