FID 2.51% $8.59 fiducian group limited

Solid result from FID, page-12

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    Trading on current 15 x UNPAT , eps growing at 12.5% CACG over 5 years per annum minimum + dividends. PE expansion will eventually come and rise to 17/18 as the market cap grows, more funds buy in, wider appreciation of the "jaws", and eventual entry into ASX 300. Dividend + franking = 5% yield in tax free super, little less outside so CAGR of 17.5% minimum i.e. share price appreciation + dividend reinvested . Rule of 72 means investment doubles in 72/17.5 …4 years at current PE multiple. Might be a boring slow grower for some however I'll take the consistency of delivering and staying the course any day.

 
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