Australia's largest stock trading and investment forum Australia's #1 stock forum

PGL

Click for more information

0.00%

44.5¢ prospa group limited.

What hell is going on?, page-136

First 136 Last

Share
Profile

Follow
kevg91

2,241 Posts.

420

03/12/19

20:34

Post #: 41777373
Share

Originally posted by Lavidge: ↑

$1.00 share in 60 days and that is at a generous PE of 25 times. This business will be lucky to make $4m a year and there is no upside, just a world of pain in unsecured small business lending, huge marketing costs (they pay brokerage of up to 8% of loan value, ie: double what a gouging lease broker can expect). The data they collect is already held by credit agencies and the banks that rejected these loan applicants anyway.

Can’t believe Macquarie and UBS pulled the wool over so many people.

Expand

That’s why originations are growing.

PGL Price at posting: $1.93 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 29 more messages in this thread...

First 136 Last

Add PGL (ASX) to my watchlist