PPM 1.03% $1.45 pepper money limited

Been watching this since launchSeems incredibly cheap at present...

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    Been watching this since launch

    Seems incredibly cheap at present on the known knowns plus there is some supposed incremental benefit of the Stratton business.

    Biggest risk is of course bad and doubtfuls however given the current market conditions for used vehicles in particular even this risk is diminished. The other big risk is being funded short and lending long. Anyone any insight into their borrowings profile?

    On the market pendulum would appear to be far greater upside v downside.
    Last edited by Motoracebeerguy: 09/06/22
 
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