SVR 1.90% $1.29 solvar limited

News: MNY Money3 Corp Posts HY Profit From Cont Ops After Tax Attributable Of $15.7 Mln, page-19

  1. 274 Posts.
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    Maybe, but I am still walking to work - not scared enough to work from home yet

    For MNY, the virus may mean an increase in bad debts as people's incomes are eventually affected and MNY's revenue growth may stall as people are scared to outlay on cars with all the uncertainty ... hard to work out the extent. On the other side, the reduced interest rates should mean lower funding cost and flow straight to bottom line. Gov stimulus may help - depends on details.

    Still a great company and I will certainly back up the truck if it hits $2 (might even dip into margin - have not done that for a while), but in the meantime there are some small caps that have been unfairly smashed and have lower growth outlooks but more secure earnings.



    Last edited by nocelery: 06/03/20
 
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