Wow really didn't expect such a strong quarter given the automotive exposure and the impact of lockdowns including last years softer period. The business just keep improving every metric with monthly Cash NPAT profitability target dates brought forward to the current quarter ending 31 December 2021, which I believe is six months ahead of original target from memory.
Extremely high quality business and management, with the capacity for loan book of at least $1.2b should be posting some decent profit soon given they achieve their targeted cost to income ratio which is plausible given their track record now.
PLT Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
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