MNY 0.00% $3.15 money3 corporation limited

Ann: MNY delivers 10.1% increase in NPAT for FY2018, page-7

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  1. 8,844 Posts.
    lightbulb Created with Sketch. 849
    Interesting little play.

    It seems pretty fairly valued at the moment. Steady growth, good dividends, good NTA.

    Competitive space, but the appear to be carving out a nice little chunk of it.

    I guess the biggest risk is a reduction in consumer spending on new vehicles etc due to cost of living / mortgage pressures etc

    Safe enough bet for now I would think, but I am not an expert in the credit/lending space.

    @1ronnie ... thoughts?
 
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