FID fiducian group limited
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Ann: Half Yearly Report to Shareholders, page-5

  1. ValueSnatcher
    1,456 Posts.
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    27/02/15
    11:37
    Post #: 14829310
    Peter, you seem to have a really good handle on FID.
    What do you make of the lower earnings over the last two periods with the FUM segment? Margins have dropped from 26-28% down to 15.5% in H2 last year and 18.2% this half...
    I assume they earn no performance fees, so I am assuming it is due to an expense relevant to that segment? I can't seem to narrow it down.
    FID Price at posting: $1.91 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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