Taking opportunity from weakness in Intueri and Money3

Pie Funds

Pie Funds

Sometimes things take us by surprise and the fall in price of Intueri and Money3 is one of those things. We have taken the opportunity to increase our holding in both given we believed the share-price falls are unjustified. In the case of Money3, the company has come out and reiterated its full year guidance and initiated a share buyback stating “that the current share price does not adequately reflect the value of the Company”. We believe Money3 continues to see strong growth in its secured loan book which is the main driver of growth and will be assisted by further sources of debt funding which will improve its return on equity. (VIEW LINK)


1 topic

Pie Funds is a boutique Investment Manager. We are committed to our investment style and ignore the crowd. All our clients are treated with respect and we understand that choosing an investment manager is a big decision with important consequences...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.