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post Posted: Oct 17 2018, 06:51 PM
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Afterpay was not the only company to lose ground on the share market — shares in Credit Corp, which buys and collects debt, tumbled close to 9 per cent lower, while shares in lender Money3 fell nearly 14 per cent.

short activity in MNY remarkably low - position @ 11th October, 2018 = 0.41%
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post Posted: Aug 6 2018, 12:05 PM
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In Reply To: mightyquin's post @ May 1 2008, 06:52 PM

still rocking by the look of them trading around 2.03 and still paying dividends ,good pick guys
from bell direct
Monmony3 rises for a fourth consecutive year, a four-yearrise of 149%Money3 Corporation Limited (ASX:MNY), extended its risefrom 20.4% three years ago to 8.3% two years ago to 51.4% ayear ago. In the past four years it has risen $A1.24 (148.9%),compared with the All Ordinaries Index which rose 778.8points (14.0%) in the four years for a relative price increase of 134.8%
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post Posted: Sep 29 2016, 09:04 AM
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Money3 Corporation Limited (MNY)

Thorney Opportunities (TOP) holds 5.5% of MNY and its associate, TIGA Trading Pty Ltd (TIGA), holds 5.5% representing a combined relevant interest of approximately 11.0% in the company, as well as MNY corporate bonds and options.

MNY achieved a number of record financial milestones during 2016, in particular an above guidance NPAT of A$20.1 million.

The environment for non-bank consumer lenders continues to improve at a fast rate as the major banks withdraw from this sector of the market due to regulatory capital requirements.

The new leadership of MNY from the Board down is stable and committed and with a rapidly growing order book in the automotive lending sector is focused on building a far more efficient, profitable and cash flow driven business.

TOP believes the market now has a better level of understanding of MNY's business and the key drivers of its earnings profile. This understanding has been reflected in the strong share price performance witnessed since the beginning of May 2016 which I expect will encourage new investors onto the register.

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
post Posted: May 1 2008, 06:52 PM
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In reply to: rose0402 on Friday 30/11/07 02:13pm

these guys rock cool.gif
a nice steady expansion, not trying to get to big too quick!
paying regular divvs , drp if u want it , good management
etc etc etc etc etc,
picked up more in the fifties smile.gif
at this stage for a small company low turnover doesnt worry me
all looking good for future cheers

post Posted: Nov 30 2007, 04:13 PM
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In reply to: mightyquin on Friday 30/11/07 04:55pm

agreed - although the directors never took the full div in DRP- guess they need to live too...

good luck, if they continue the way they are the buyers will come ....

post Posted: Nov 30 2007, 03:55 PM
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In reply to: rose0402 on Tuesday 26/06/07 08:53pm

yaeh! they make money , ive researched this and i think its good long term,
the DRP is good for expansion i think, and directors not taking the divvy home but putting it back in. smile.gif
all the signs are good ,imo. ive taken asmall positon and looking to get more,
my only concern is the very low volumes, but this wont matter if they keep doig right things blink.gif


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post Posted: Jun 26 2007, 10:53 PM
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In reply to: mightyquin on Tuesday 26/06/07 05:26pm

looks like they actualy make money !!!! Not a ramp like AZD

post Posted: Jun 26 2007, 04:26 PM
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In reply to: Varmi on Wednesday 06/06/07 12:42pm

does this announcement mean that it's worth getting into?
or is it the guys that started it up just pulling some cash . icon14.gif

post Posted: Jun 6 2007, 12:42 PM
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Money3 to pay final fully franked dividend of 3c
10:33, Wednesday, June 06, 2007

Sydney - Wednesday - June 6: (RWE Aust Business News) - Money3
(ASX:MNY) will pay a final fully franked dividend of 3c on October 31
after a strong 11 months of trading.
The company anticipates releasing its full year results in
This will take full year dividends to 4.3c.
In the 12 months from March 31 2006 the company's income has
risen by 22 per cent and gross profits by 20pc.
Funds reinvested have almost doubled to $6.9m in the year to
March 31 2007.
Money3 shares were last traded at 70c.

"I learned that courage was not the absence of fear, but the triumph over it." - Nelson Mandela.
post Posted: Apr 12 2007, 08:47 PM
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My broker mentioned this stock to me -seems iliquid but could have a good business franchising these money shops with over the counter loans ?

Has anyone had much to do with this company or know any details ?


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