HVN 0.00% $4.62 harvey norman holdings limited

bad debt exposure

  1. 217 Posts.
    I see Network Consumer Finance is a wholly owned subsidiary of HVN ... listed as being a 'consumer finance' in annual report ... interestingly their name pops up as a creditor for $2M with the administrators of Abuzz Technologies in Sydney this month.

    Obviously there is consumer debt exposure with these low interest finance deals - but with company's going into administration with large finance is another story.

    Wonder how much other exposure they have ?
 
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