FID

2.13%

$7.34 fiducian group limited

Investor Briefing Session, page-3

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daicosisgod

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18/02/21

21:26

Post #: 51136126
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Originally posted by Ivanovich ↑

Joined the investor briefing session today. Not much more to add in addition to the presentation. They did draw attention to the UNPAT December run rate "The run-rate of UNPAT for December 2020 is over 15% higher in comparison with the prior corresponding half year and FUMAA, at $9.33 billion at the start of the new calendar year should benefit shareholders by generating higher profitability going forward " and said that the calendar year has had a good start. There was a question about the $16M of cash i.e. can we have some ? $5M required for compliance, $3.5M for WC and $3.87M for the dividend. If you wanted a higher dividend than 12.6 cents Breville is paying 13 cents this half but you'll have to stump up $31 a share ! Indy mentioned there are a number of acquisitions afoot at various stages of completion and this is the best use of the remaining cash balance. 101 economics here - one of the most important metrics of assessing the quality of management is return on incremental invested capital (ROIIC). We know management have a very thorough process to enable the highest ROIIC.

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I listened in too. Given what Indy said about financial planning I would be running from IOOF at a million miles an hour.

I expect H2 to be a lot
better than H1 with hopefully the transition out of grandfathered commissions behind us.

I also like the DD process for acquisitions requiring two thirds of new clients expected to transition to FID platforms/funds.

Cheers......D

FID Price at posting: $6.10 Sentiment: Buy Disclosure: Held
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Last $7.34		Change -0.160(2.13%)		Mkt cap ! $231.0M

Open	High	Low	Value	Volume
$7.43	$7.43	$7.34	$2.498K	338

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No.	Vol.	Price($)
1	1986	$7.34

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Price($)	Vol.	No.
$7.40	4725	1

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No.	Vol.	Price($)
1	1986	7.340
1	141	7.270
1	138	7.230
1	500	7.200
1	305	7.180

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7.400	4725	1
7.500	1667	1
7.580	2032	1
7.600	2500	1
7.640	2500	1

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FID (ASX) Chart

Investor Briefing Session, page-3

ASX Market Open: ASX200 to rise for Friday session | July 26

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Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

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Investor Briefing Session, page-3

Top Stories

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Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

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IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News