RMC - Resimac Group Limited - Strawman: ASX share price, valuation, research and discussion

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Last edited 7 years ago

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#Bull Case

stale

Last edited 7 years ago

Price $0.595 8/10/18

PE (FY18) 9x

PE (FY19) 7.4x assuming EPS growth 20%+

Div (FY18) 2.9%

Should benefit from Royal Commission

Small base to grow from despite lower loan growth accross economy.

Non-bank market share 9% (was 15%-20% pre-gfc)

Will grow organically via scalable systems and also from acquisitions.

Resimac Group Limited