WZR 2.56% 4.0¢ wisr limited

Massive opportunity cost, page-177

  1. 69 Posts.
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    Loving all the positive comments. But as I've said before with any finance company just watch the 90day+ arrears, and write off's (which doubled to $2.4m+ in just the past Q & caused the negative EBTDA). Unless they get credit quality under control, the MC reflects what the market thinks the future cash flow will look like...& 0.30% losses is not under control (when a loan book is still in growth phase). GLTAH.
 
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