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11.1%

4.0¢ wisr limited

Understand, and agree. Was out of line. this insight is useful.

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DaceC

568 Posts.

105

27/10/22

01:57

Post #: 64418938
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Originally posted by redgreenred: ↑

No need for the personal attack, @DaceC. I don't agree with @McKhenry's point this time, but some of his inputs re Wisr have been pretty good in the past.

If Wisr continues to increase its loan volumes q-o-q (which it did again this time - just - even though it had priced itself out of the secured vehicle loan market (thanks again to @McKhenry for that insight)), then the size of the loan book will continue to grow, even as the rate of book run off increases. What's interesting here is that at yesterday's opening price, Wisr was valued at less than the amount of cash in the bank, meaning that right now the value of the $885m loan book is completely disregarded by the market. Based on the price paid by MoneyMe for SocietyOne last year, Wisr's loan book is worth somewhere in the $300m to $500m range, with a share price of between around 21c and 35c. Even if this year's multiple should be lower to reflect the current state of the economy, imho this stock is seriously oversold.

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Understand, and agree. Was out of line.

this insight is useful.

WZR Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 4.0¢		Change 0.004(11.1%)		Mkt cap ! $54.86M

Open	High	Low	Value	Volume
3.6¢	4.0¢	3.6¢	$40.51K	1.058M

Buyers (Bids)

No.	Vol.	Price($)
2	604791	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	670193	3

View Market Depth

No.	Vol.	Price($)
2	604791	0.038
1	287260	0.037
2	78138	0.036
2	321934	0.035
1	29399	0.034

Price($)	Vol.	No.
0.040	670193	3
0.041	255229	4
0.042	216764	3
0.043	461025	2
0.044	573515	3

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 3.9¢			Change 0.004 ( 8.33 %)
Open	High		Low	Volume
3.6¢	3.9¢		3.6¢	190933
Last updated 15.14pm 15/05/2024 ?

WZR (ASX) Chart

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