The macro and micro dynamics are there to suggest CAF can go higher from here
Macro: Expanding market because of the recent industry wide clean up Further complexity of legislation and procedural requirements all but eliminate sole traders and micro companies requiring greater ‘brain power’ & developed systems = massive numbers of advisors leaving the industry Massive boomer market requiring financial advice The inter generational transfer of assets
Micro: CAF have the developed systems CAF are one of only a handful of larger sized companies with a growing number of advisors CAF has a business model that appeals to many of the small and medium accounting companies CAF has strong, stable & capable management over recent years - something that was sadly lacking in its past CAF have strong financial metrics including EV/EBIT, good cash flow & good divvy payer
CAF Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)