A nice post, after reflecting on yesterday's post, we can always approach these numbers on a glass half full basis. Yes the revenue was mostly flat, but we still grew profits. If we can achieve revenue growth into the future that would be grand. I was a bit surprised there wasn't a presentation accompanying the announcement. I would have liked an update on the personal loan trial also.
In addition, If we look at Kearneymaurice's excellent post: http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1592429&msgno=7356975#7356975
He talked about the recent growth in debt agreements. With the amount of unemployment related news in recent weeks this is a space I am still happy to be in, and with FSA's apparent 50% market share in this area, one could safely assume the future is still reasonably bright. Whatsnext you are absolutely right, there were a ton of people prepared to jump in around 1.15-1.20 so I guess we'll have to hold for the time being.
Anyway, just my food for thought on this one, have a good weekend folks and for those of us who just did lose a bit on paper, remember there's always someone doing better, but there's always someone doing worse.
Cheers
FSA Price at posting:
$1.20 Sentiment: None Disclosure: Held
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