SMP 0.87% $1.14 smartpay holdings limited

Regal can be a bit hit and miss- depends on how they are trying...

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    Regal can be a bit hit and miss- depends on how they are trying to play this. The positive is the style migration from value (microequities, Jencay, EGP) to growth oriented investors (Regal)- this is a precondition for multiple expansion. Given that we know that revenue and profits will be growing long term, the added tailwind of multiple expansion would give the holy triumvirate for total shareholder returns- provided that execution occurs of course.
 
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