HMY - Harmoney Corp Limited

[winner69]

punt about $2k...money that i could afford to lose. Marketscreener said highly buy.. more than $3.50

Are you a holder winner??

Not yet

The thing with HMY is that they have been a real disappointment since listing

Markets don't like stocks like this - they tend to come pariahs of the market - unwanted and unloved and it's hard to overcome that

Harmoney need to keep telling a good story and delivering on that - then the love might come their way

In the meantime there will be some/money who see them cheap on fundamentals - and some will buy and possibly will do very well in doing so

[nztx]

I'm watching ASX listed MME (currently A$1.87 or so) which seems to be making a lot of noise & in the same game as HMY

Have a few HMY onboard too

[X-men]

if the growth story is real and they delivered, current SP is so cheap?? If market waited until they delivered, SP would double then??

[winner69]

if the growth story is real and they delivered, current SP is so cheap?? If market waited until they delivered, SP would double then??

Could will do that

But also could remain unwanted and unloved with the share price remaining in the doldrums ,,,and in the eyes of some getting cheaper and cheaper

Somebody once said share price = intrinsic value plus/minus hype (or sentiment), Currently HMY trying to hype themselves up but sentiment remains real negative eh

[KJMLimited]

It's just question of how much time.

[winner69]

Harmoney NIM is 11%

That's pretty good

[X-men]

any gurus that able to calculate the fair value based on last update $42 million revenue?

[winner69]

Floated at 3.5 times income (IPO documents)

At that time Heartland was on about the same multiple

Harmoney's 3.5 must now be lower -- probably 1.5 depending n financial performance

Heartland's 3.5 is now about 5

That gives a rough idea of what could be possible in the way of Harmoney share price appreciation --- one day in the future 4 bucks might not be outrageous

[Rawz]

Hoping to see $35m new lending in Aus for the quarter

[X-men]

Read through MME Asx....same growth story but the market values MME more than twice of HMY...