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Ann: MNY enters NZ Market and exits SACC with sale for $46m, page-14

  1. 274 Posts.
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    If I had less, I would buy more ... can't do it again as am overweight by a lot.  Price seems pessimistic given a P.E. < 10, good growth prospects and exiting  SACC without a significant write down.  

    With so many lenders exiting car loans,  these guys could increase the quality of their loan book further in a few short year. Scale will also give cheaper financing. 
    Last edited by nocelery: 26/02/19
 
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