WZR 0.00% 3.5¢ wisr limited

A quick look on a comparison website says that WZR now has an...

  1. 1,095 Posts.
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    A quick look on a comparison website says that WZR now has an establishment fee of $595 and are up to a few percentage interest lower than most competitors.

    So for every 2000 loans written for example @ $595.00 it's $1.19M just on that fee alone.

    I think we are way under priced considering the growth that is available out there in the market.

    So in the last quarter new loans of $23.2M were made with growth of 6% quarter on quarter.

    Total loans out there were $132M and bad debts were stable @ 1.61%

    Going forward over the next year I want to see a massive uptake in their secured vehicle finance as I see this as a great opportunity to grab considerable market share and look forward to this announcement alone.

    Over the recent weeks I have invested to my maximum holding for one company and look forward to the next year ahead.


 
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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