PLT 7.14% 75.0¢ plenti group limited

If you don't want to manage your individual loans yourself then...

  1. 18,951 Posts.
    lightbulb Created with Sketch. 1208
    If you don't want to manage your individual loans yourself then ASX:QRI is probably the way to go. It's on around an 8% discount to NTA & paying about 6.7% with distributons on a monthly basis.
    Pre COVID-19 it was trading at or slightly above NTA of $1.60 so a bit of a capital gain going forward as well.
    QRI have zero arears or impairments on their current loan book, update released today.
    Almost all their loans are 1st mortgages.
    I hold QRI.


    So coming back to the original point I really can't see the point in investing in the Plenti marketplace now unless they remove the interest rate cap.
    Last edited by Tarvold: 16/09/20
 
watchlist Created with Sketch. Add PLT (ASX) to my watchlist
(20min delay)
Last
75.0¢
Change
0.050(7.14%)
Mkt cap ! $130.9M
Open High Low Value Volume
72.0¢ 75.0¢ 71.5¢ $270.9K 362.0K

Buyers (Bids)

No. Vol. Price($)
4 13632 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
76.0¢ 5000 1
View Market Depth
Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
Last
75.0¢
  Change
0.050 ( 14.5 %)
Open High Low Volume
71.0¢ 75.5¢ 70.5¢ 9850
Last updated 15.51pm 23/05/2024 ?
PLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.