HMY - Harmoney Corp Limited

[whatsup]

Can someone post the todays biz news article that is in circulation, thx

[winner69]

Can someone post the todays biz news article that is in circulation, thx

The one about a couple of shareholders (you and one other ) pushing the Board to do a share buy back?

[whatsup]

The one about a couple of shareholders (you and one other ) pushing the Board to do a share buy back?

Yes, had a photo of the fish heads who were doing a moan , cannot blame them based on the current s p, talk about price destruction , obviously a massive misprice to start with, where is the bottom ! ??

[Rawz]

Should get a quarterly update soon. And they said it’s going to be statutory numbers only. They should start confirming how much cash profit they are making per qrt.

Still holding 🫡

[nztx]

The one about a couple of shareholders (you and one other ) pushing the Board to do a share buy back?

Can they be hoodwinked into buying back at original IPO values if the odours coming
out of the kitchen are so good ?

[trader_jackson]

http://nzx-prod-s7fsd7f98s.s3-websit...719/381390.pdf

New Zealand new customer originations flat or going backwards for the entire year...? That can't be good...
Fingers crossed Aussie is different

[whatsup]

http://nzx-prod-s7fsd7f98s.s3-websit...719/381390.pdf

New Zealand new customer originations flat or going backwards for the entire year...? That can't be good...
Fingers crossed Aussie is different

Is that why they are moving to Aussie better growth and future !

[Muse]

http://nzx-prod-s7fsd7f98s.s3-websit...719/381390.pdf

New Zealand new customer originations flat or going backwards for the entire year...? That can't be good...
Fingers crossed Aussie is different

I thought it was a very robust quarter - was above my expectations.

NZ 'new customer' originations were below the previous year but that was more than offset by originations from existing/previous customers, who cost nothing to acquire. Last years Q1 statutory book was $256m, this result was $363m, that's still up 42%. Nice to see the NZ book growing.


Aussie beat my expectations. 87% growth in originations...new customer originations up 86%, existing customer originations up 92%. Awesome to see growth in existing/previous customer originations as it was virtually no cost to acquire. Aussie statutory book for the quarter was $316, vs last year of only A$111m, growth of 185%.

Overall the warehouse book grew 78% year on year.

We can't compare the "proforma" book including the p2p for Q1 FY23 to last year because with the transition well underway they aren't reporting them anymore, and we dont know was the p2p balances were at 30 September. A back of envelope calc would suggest the aussie proforma book still grew well in excess of 100% yoy. NZ would still be up by not near much - probably in the mid/high single digits year on year.

but its well past time to forget the old p2p business and book which was off balance sheet anyway, in wind down, and focus on the actual book and actual set of accounts anyway! no more of this proforma P&L stuff.

Was impressed that arrears actually fell from both 30 June 2022 and Q1 FY22.

[percy]

An extremely positive update.

[Rawz]

A very good update. Book growing and arrears falling. These are the only metrics that matter. The rest will look after itself