MOC 0.00% $1.95 mortgage choice limited

MOC is a refreshing stock, with a great 8.2% dividend and low...

  1. 183 Posts.
    MOC is a refreshing stock, with a great 8.2% dividend and low p/e of 5.55.

    What a lot of people overlook is that around half of its income is already locked in before it even writes new loans.
    It gets trailing commission from previous loans written in previous years.

    As a result, it's a reasonably safe bet that the stock is currently undervalued at $1.25. It's a takeover target at some point with Count Financial having showed interest at $1.05, etc etc The stock doesn't really need too much hyping up because it has a lot of good advantages you should find when you do your own analysis.
 
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Currently unlisted public company.

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