Agree with everything you've said. Market sentiment towards...

Agree with everything you've said. Market sentiment towards higher risk consumer lending stocks is very poor, understandably because the macro picture is clouded/poor particularly for the lower socioeconomic cohorts...

I wish they'd jettison all of their consumer products TBH, sell them to whoever they can or close them. If not, they should at least jettison/close their loss making international businesses - this isn't a time to be trying to takeover the world. Prove that you can build a strong, profitable and highly valued local business before expanding offshore. I also think their commercial business should be worth more than the current market cap.

I note that Humm's sitting on a record stockpile of unrestricted cash right now - $159M, so they've been busy securing mezzanine debt to ride through a potential economic downturn. Their market cap's only ~$220M now, so theoretically they maybe able to pay a capital return worth half the current share price and still have enough cash to run the business.

I'm holding out and hoping that the new CEO can take some of the hard decisions re: offshore expansions and consumer products, and shift the company to a more profitable and growing future.

DYOR of course...