Just thought i'd point out what an outstanding performance the MNY shares have been over the last 6 years, especially considering they're still trading on a low PE & are currently experiencing such a strong period of growth since accessing their new loan deal.
Over the last six years an investment in MNY has, including dividends, returned a performance of over 500% & if you'd bought in 6 years ago you'd be earning a gross yield on your investment of around 35%.
Recognition of what a great achievement the team at MNY have done in growing this business & transforming it from a pay day lender in a dubious space to a secured auto loan business can't be under played.
Well done MNY!
MNY Price at posting:
$2.05 Sentiment: Hold Disclosure: Held