Articles On Resimac Group (ASX:RMC)

The S&P/ASX 200 (ASX: XJO) strengthened throughout the day to ultimately finish 0.4% higher on Tuesday following a positive lead from Wall Street. Quality remains the key as bond rates continue to fall with industrials and tech leading...

The last official day of reporting season on the ASX was again dominated with small and medium cap companies.   Splitit (ASX:SPT) It’s easy to forget that this company was one of the first BNPL IPOs following Afterpay and Zip and it grew 10...

The Resimac Group Ltd (ASX: RMC) share price is in the green today following the release of the company’s earnings for financial year 2021 (FY21). Right now, the Resimac share price is $2.49, 3.75% higher than its previous close. Resimac s...

Over the last few years, the burgeoning non-bank lending sector is taking market share away from traditional lenders, and has kept rising to new heights. According to data, there are now more than 600 non-bank lenders in Australia, which ma...

ASX bank shares performed strongly in the last financial year. In fact, the financial sectors outperformed the S&P/ASX 200 Index (ASX: XJO) by roughly 7% over the period. But not every bank share in the All Ordinaries performed so exce...

The ASX 200 managed to hold on to its lunchtime gains today, finishing the day higher by 0.43 per cent. Health care and Information Tech were the best and worst performing sectors respectively. Geospatial tech company Nearmap (ASX:NEA) rose...

The Resimac Group Ltd (ASX: RMC) share price is etching higher today after the company settled another $1 billion bond-lending deal. Resimac shares are up 1.26% to $2.42 at the time of writing. Resimac is a major Australian non-bank lendin...

Aussie is looking to keep up with the times and the other major banks. The Sydney-based financial group is dipping its toes into digital home loan lending, as reported by The AFR. The housing bull market continues to boom, so much so that...

The list of ASX bank stocks is greater than just the Big 4 – over a dozen ASX stocks offer various banking services from retail banking to mortgages. Only a few of these are in the retail banking space. Examples include Tasmanian headquarte...

Source: GH Studio,Shutterstock Australian equity markets are tracking down on Thursday. Market sentiment is mix across the Asia Pacific markets. ASX 200 is slightly lower in the afternoon. But the benchmark index has recovered in the earl...

Summary The momentum in Australian housing markets continues as policy support is driving consumer confidence and appetite for homeownership.  Investors are presented with an opportunity to assess the companies which could benefit from...

The Wisr Ltd (ASX: WZR) share price is up by 5.26% this morning, following a release from the company regarding its second quarter FY21 performance. At the time of writing, the Wisr share price is sitting at 20 cents per share. The non-ban...

Analysts at Bell Potter have been busy finding ASX shares from several industries that they believe are best placed to have a strong 2021. On this occasion, I’m going to look at emerging shares. Here are a couple that they rate highly: Po...

Last week, Commonwealth Bank of Australia (ASX: CBA) saw its share price rise 8.11%, more than any other of the big four banks. Furthermore, the Australian Prudential Regulation Authority (APRA) announced it was reducing the bank’s capital...

At time of writing, the share price of Resimac Group Ltd [ASX:RMC] is up 15.6%, trading at $1.89. The RMC share price chart is in a relatively steady uptrend as you can see below: Source: tradingview.com Is Resimac defying the odds? Is the...

Resimac Group Ltd (ASX: RMC) shares rocketed up 17.5% to $1.92 a share this morning, after it provided the market with a trading update. The Resimac share price has retreated slightly to $1.91 at the time of writing, up 16.82%. What was an...

The government’s relaxation of lending laws has the possibility of providing a boost to housing developers, banks and mortgage companies, as well as building materials companies. However, for investors who may have become disillusioned wit...

The national housing market is more fractured than it has probably ever been. Sydney rents have recently endured their steepest decline, although this likely won’t last. Meanwhile, the Perth rental market is again booming. In fact, the num...

“Intelligent fanatics” is a term coined by Charlie Munger, the VP of Berkshire Hathaway Inc. Class A (NYSE: BRK.A). Specifically, they are high energy, smart leaders who can inspire incredible achievement. For instance, they include famous...

ASX shares have a long track record of innovation, and of punching above their weight. For example, Avita Therapeutics Inc (ASX: AVH) is pioneering spray on skin for treating burns. However, Afterpay Ltd (ASX: APT), with no technological a...

Change is afoot. In fact, change is sprinting at a pace Australians have rarely seen before. While rapid change can be disconcerting, it also opens the doors to a myriad of new ASX investment opportunities. That’s not to say you should jun...

The fall in oil price futures overnight has added to the range of issues setting the ASX trends for next week. In addition, the federal government will unveil its budget next week. Consequently, I expect several market forces to buffet the...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

October is going to be an interesting month on the ASX. Anyone wondering which shares to buy now will need to consider a few things. First, the Government is starting to wind back wage subsidies, insolvency laws, and tenancy protections. S...

S&P/ASX 200 Index is under a recovery mode and with the surge in the benchmark index, market sentiments seem to be shifting the table in favour of bulls. While a considerable recovery in S&P/ASX 200 index is due to the surge in the...

The Resimac Group Ltd (ASX: RMC) share price closed 7.43% higher today following a positive market reaction to the release of the company’s 1H20 results. Resimac shares climbed as much as 14.86% today to an intra-day high of $1.70 before c...

On the third day in a row our markets have fallen over 1 per cent there were few half yearlies that excited investors. But mortgage lender Resimac (ASX:RMC) led the charge. Shares in the company gained another 7 per cent, placing them over...

26 Feb 2020 - Non-bank mortgage lender Resimac Group Ltd (ASX:RMC) today announced a normalised net profit of $26.9 million for the 6 months to 31 December 2019, up 85 per cent on …

Resimac Group Ltd (ASX: RMC) released the below trading update: In 1H20, the normalised NPAT guidance would range between $24 to $27 million, indicating lower Q1 funding costs due to relatively low spread between the RBA Cash Rate and 30-d...

21 Nov 2019 - The Resimac Group (ASX:RMC) show their 1H20 normalised NPAT guidance in the range of $24 million to $27 million reflecting lower first quarter funding costs.

When it comes to valuing a stock, P/E is the most commonly used multiple. It measures the current market share price of a company relative to its earnings (each share). Therefore, companies with no earnings don’t trade on a P/E multiple. In...

The Resimac Group Ltd (ASX: RMC) share price could be set to surge this morning after the Aussie mortgage lender upgraded its FY2019 earnings guidance late yesterday afternoon. What does Resimac do? Resimac is a non-bank residential mortg...

At Stockhead, we tend to judge a company’s size by its market capitalisation. But a company’s enterprise value may be substantially greater – is this good or bad? In short, it depends. Using a base of $500 million, Stockhead has recapped s...

The Resimac Group Ltd (ASX: RMC) share price is on watch this morning after the Aussie mortgage lender announced the acquisition of a 15% stake in an Adelaide-based fintech company. What did Resimac announce yesterday? In an after-market...