asx:mny

Dean Fergie

Domestic credit provider Money3 has posted a solid 1H17 result reporting an NPAT of $13.7m, well ahead of market expectations. New management installed last year have now proven themselves by profitably driving the company’s new strategic direction. Previously exposed to the controversial (and regulatory risky) small amount credit contracts (SACC),... Show More

Avatar fallback

A fiery AGM day today - and at Jervois Mining shareholders didn't wait until next week's AGM to spill the Board. First strikes at Capitol Health, Carpentaria Exploration and RedHill Education. Second strike and Board Spill resolution passed at Ambertech; a second strike but no Board Spill at Cape Lambert... Show More

Pie Funds

Money3 (MNY:ASX) posted a cracking result with NPAT up 78%. Due to negative sector sentiment however, the company is now trading on 6-7x p/e FY16, despite strong guidance of 30% NPAT growth. Importantly the secured lending division, the main growth arm, makes up 2/3 of the business and the company... Show More