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There’s a good article in the NBR about Harmoney’s IT systems. Very interesting what they working on to make things better.
Harmoney investors should try to access if they don’t subscribe to NBR
Harmoney exorcises demons with ‘bold’ cloud migration
Direct-to-consumer lender is shifting its proprietary Stellare software to Google Cloud Platform.
https://www.nbr.co.nz/tech/harmoney-...oud-migration/
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Fascinating bit from that NBR article
We [currently] attract 12,000 customers who sign up, create an account, and make an application every month but today we only have products to give to 1000 of them.
It's so rare for a business to have the problem where marketing is getting us too many customers and we can't serve them all, so that's part of the challenge we're trying to solve with this evolution of our platforms.
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Price creeping up again but such light volumes still. Quarterly update should be in a week or so. Everyone still has jobs and getting payrises so I think business as usual for HMY
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Any news on how haunting the Debt Default Demons are looking now ?
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Quote:
Originally Posted by
kiora
Update soon and then a month later results.
Harmony are all ready a bit choosey with there customers. Most bad reviews are people complaining they couldn't get a loan. So in the current environment being picky is probably a good thing.
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found this on page 4. we are overdue a quarterly update..?
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Quote:
Originally Posted by
thegreatestben
Loan book grew $20 odd mil in the qrt. unrestricted cash dropped $2.5m
Arrears at acceptable levels.
Look forward to reading the annual report
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Quote:
Originally Posted by
thegreatestben
Stunning ...
I am trying to buy more.