SIQ 2.91% $8.85 smartgroup corporation ltd

Ann: Half year results presentation, page-19

  1. 12,816 Posts.
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    I did a comparison of SIQ MMS SGF and ECX several months ago as I had had my eye on SIQ for quite some time and the SP had started to fall.

    What I discovered was that ECX was a train wreck with a ROE of barely 7% well below the other three competitors. SIQ had the best investment metrics and I got in around $8.30.

    The other thing I liked about SIQ was its approach to improving cost efficiency and the improving FTE productivity which has come through in spades in this latest result.

    GLTAH
 
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