Ann: Half Yearly Report and Accounts, page-6

report out today from Bell Potter on Money3. Ill be looking to top up at these prices. We had a profit upgrade and was sold into for short term profit taking at the resistance areas. Will definitely bounce from here. Then once we pass 1.80 resistance area, 2$ comes quickly imo




''Money3 {$1.61; -3.5; -2.13%} Buy, TP$2.60 – Lafitani Sotiriou

(https://www.bellpotter.com.au/onlineresearch/fileGet.aspx?guid=144692B1-

B661-48C7-9F05-5A1186A048D6) Quality result MNY has delivered a

strong 1H17 ~10% ahead of our expectations, and which included an

upgrade to FY17 guidance (up from $26m to $27.5m and compares to our

revised $28.1m estimate). Earnings revisions We have revised our estimates

for underlying EPS by +8.1%, 9.9% and 8.6% for FY17e, FY18e and FY19e

respectively, predominantly driven by robust gross loan book growth, lower

bad debt expenses and from overall cost control. We retain our Buy

recommendation with a revised Price Target of $2.60 per share

(previously $2.40).''