Australian Stock Report - Share Tips

Share to buy - Money3 Corporation

share-tips
Publish date: Wed, 21 Jan 2015, 03:06 PM
share-tips
0 1,810
Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

Money3 Corporation provides small and micro-cap loans for individuals in need of quick finance, with amounts ranging from as little as $100 to $20,000.

The company has significant insider ownership and has provided exceptional returns over the last five years.

In FY14 it grew basic earnings per share by 32%.

However the company recently said it expects record revenue and profit in FY15.

With a large market place, good financials, a 3.5% fully franked dividend and only around 70 stores in operation, the future is looking bright for the company.

On the technical front, the MNY is chart is displaying a solid bullish structure.

Moneycorp Chart

The shorter-term EMAs are crossed higher and the price action is above the longer-term EMA filter, which is positive.

We have a valid, traditional uptrend in place, characterised by a series of higher lows and higher highs.

We also have an ascending triangle forming, the upper boundary of which sits at $1.60.

Traders can now look to buy the breakout, targeting $1.85.

Invest. Trade. Learn_7day trial_banner

 

The post Share to buy – Money3 Corporation appeared first on The Best Shares to Buy.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment