MNY are always conservative with guidance and have a long history of under promising and over delivering. I'm expecting NPAT to be more like $33-34mil rather than the stated $30-31 mil.
In regards to market share growth, this is % of loans written each year. So an increase from 2% to 3% of annual loans written means that the loan book is growing considerably faster than it has previously.
MNY Price at posting:
$1.84 Sentiment: Buy Disclosure: Held
