In the end what really matters is how the market perceives Fiducian. As asset manager FID has its pros and cons. I think AUM is a lot stickier than a typical fund management company but AUM might not rise as fast as the market because of the asset allocations. I would appreciate any inputs regarding how Fiducian allocate their AUM. On the other hand, they do not need to pay top dollars for 'talented' money managers, which is a big plus to me.
I think if the stock market goes up 10% in the next 18 months, FID will be able to earn 6.5 - 7 million NPAT depending on how you model the earnings. FID ought to be trading around 100m by then.
I own 63k shares.
In the end what really matters is how the market perceives...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FID (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.45 |
Change
-0.020(0.27%) |
Mkt cap ! $234.5M | |||
| Open | High | Low | Value | Volume |
| $7.48 | $7.51 | $7.45 | $113.4K | 15.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1010 | $7.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.50 | 3415 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FID (ASX) Chart |