Not long to go for the financial update

Very little interest in this stock but I am expecting some very good results especially when you consider the following:

Strong Q1 FY 2021 NPAT up 36%
In the prior year the Board targeted a payout ratio of between 70% to 80%
The last divy paid was at a ratio of 49.3% due to covid and the annual divy equated to a payout ratio of 63%
In the last results the Board increased the collective provisioning by $2.3m for Possible future losses.

My reading of the last update is that most of this is no longer required hence it might be written back. Seemed to be very few defaults.

From my limited knowledge we are looking at a very good NPAT, a decent increase in the divy plus a good write back of the provisions.

I am happy to be a holder and will be buying more this week if the price is manipulated and pushed down which is which I am expecting and hoping for.


DYOR