NWL 1.81% $22.79 netwealth group limited

Foward looking outlook is very compelling with rising rates....

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    Foward looking outlook is very compelling with rising rates. Margins expected to exceed 105BPS!!


    And FUA net inflow growth of nearly 25% which is very impressive and should be higher with the acquisition of PPS at discounted prices which management highlighted.

    Clearly backward looking data not as strong as the mkt had hoped (Slight miss on NPAT vs consensus) but compelling forward outlook
 
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