SVR solvar limited
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Ann: SVR 1H FY24 Results, page-12

  1. Tarvold
    27,869 Posts.
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    21/02/24
    09:44
    Post #: 72509921
    There was no mention of returning to 'historical profit levels in FY25' in the webinar unlike back in Aug even though there has been 1 fewer interest rate rises than they forecast.
    I suspect the turnaround will be a lot slower & it'll take another year (FY26) to get back to a previous high especially with the issues in the NZ economy.
    It's very much Money3, AFS then Go Car Finance at the moment.
    SVR Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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