Australia's largest stock trading and investment forum Australia's #1 stock forum

MNY

Click for more information

0.00%

$3.15 money3 corporation limited

I share your sentiment - the only thing holding me back is that...

First 27 Last

Share
Profile

Follow
nocelery

68 Posts.

7

18/10/18

14:20

Post #: 36173331
Share

Originally posted by Tarvold ↑

Well i topped up today, didn't think I'd get the chance to buy again at these levels.
Storm in a tea cup IMO.
MNY worked with the government to set the SACC practices, in fact they had them in place prior to their enforcement. Already been through the process & i've not seen any negative comments from customers re their lending practices.
The only negative i can see from all this is that it will delay the sale of that part of the business until after the enquiry.

The vast majority of their business was covered by the RC. The senate enquiry will focus on unregulated businesses ie APT not ones that are regulated let alone ones that operate good practice.
Seems to me that the market still doesn't realise that MNY isn't really a payday lender anymore.

Fill your boots & profit from unwarranted fear.

Expand

I share your sentiment - the only thing holding me back is that this is my largest position. May still pull the trigger later today. Trailing multiple is < 9.

MNY Price at posting: $1.75 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Chaos reigns markets – so let's take stock of where we're at ahead of December

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 13 more messages in this thread...

First 27 Last

Add MNY (ASX) to my watchlist