MNY 0.00% $3.15 money3 corporation limited

MNY have a history of beating their year end forecasts i believe...

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  1. 955 Posts.
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    MNY have a history of beating their year end forecasts i believe with the additional funding they'll do the same this year & make at least $31.5m PAT.
    With 174.219m shares in issue that's an EPS of 18.0c & a dividend payout ratio of 50% (policy payout 30%-50%) gives a full year dividend of 9.0c.
    Having already paid out 4.5c that makes the FY div 4.5c.

    The timimg of the investment of the new financing with the resultant revenue falling over a number years & the phasing out of the small loan business at some point next year the 2019 result is going to be a lot harder to predict. Hopefully we'll hear more about the small loan business with the year end results.
    Meanwhile it's business as usual onwards & upwards for MNY, although at these levels the upside may take a while to materlise. $1.95 is proving hard to crack.
    Last edited by Tarvold: 30/05/18
 
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