MOC is a great little share offering growth and income.
They have previously gone from $1 to $3+, and they tick a number of boxes:
- very high dividend (business has low capex) - very low p/e - well known brand and unique offering - operates in the mortgage broking field and offers other finance products - behave like a cyclical for growth but have other features making them a defensive at the same time - the business has been growing over time and will probably make an acquisition at some time - Count Financial has taken around a 17% stake in the company as it would like to merge with MOC
MOC Price at posting:
$1.24 Sentiment: Buy Disclosure: Held