MME 1.49% 6.8¢ moneyme limited

Ann: MONEYME Expands Funding Capacity, page-14

  1. 295 Posts.
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    Have recently had MME on the radar and after the increased loan book have taken a dip.

    Happy with the confidence from the banks to increase loan capacity. There’s a growing demand for cash loans from Non-bank lenders in the last 2 years which is only growing.

    Highlighting the recent advertising campaign on Channel 7 included in the AFL telecast is certain to increase traffic and loans. The power of marketing and brand visibility is paramount. Couple that with the website and accessible customer service gives confidence and trust in the brand, which is where the majority of NBE’s struggle.

    60m valuation is well and truly under, hopefully next quarterly due in a month indicates debt reduction and sales growth again.
 
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