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Likely scenario is car loan business is growing but barely breakeven. The current growth rate is approx 1 million a month. Personal loan business down partly offset by medium sized loan.

Big movement will only come in mid to later part of this year where the business proves that car loan and medium sized loan offset the drop in SACC which I think it is doable given money3 experience and there is some borrower likely to borrow higher amount.

Another catalyst is setttlement of court case and in best case score a moral win. It should reach conclusion in the next 12 months. This should remove the overhang.

EZCorp is running out of patience with gung ho ex-management and just want "no more headache please".

There is always risk but my hunch is they finally wake up to the reality that hitting par is much much better than hitting a triple or quadruple bogey. If they manage to hit par, share value should revalue upward from "double" bogey level.

DYOR