News: MNY Money3 Corp Re-Confirms Guidance Of $35 Mln-$36 Mln NPAT For FY, page-2

I was part of the rise in SP today, with a buy going through at 4:10.

Presentation from 21/11/2018:

FY18 - Increase in group NPAT to $32m.
$264m of secured auto receivables at end of Oct 2018.
$1.67 SP on that day.


Announcement from today 17/1/2019:

FY19 - Re-confirmed guidance of $35-36m NPAT for FY19.
Secured auto receivables now at $281m (+6.4% in <3 months?).  I presume this it good growth, not a reduction in collections or something.
$1.72 SP at end of day.


Previously I reduced my holding since I was worried about the AU economy.  I've just increased a bit again since this announcement seemed fairly encouraging - still growing even though Christmas retail foot traffic was down.

PE is 8 and it's still a growing company?  Well, auto loans growing faster than SACC is reducing, I think.  Sounds fairly cheap.