FPR 2.24% $3.49 fleetpartners group limited

Ann: MMS: McMillan Shakespeare and Eclipx merger, page-21

  1. 390 Posts.
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    UBS in August slapped a price target of $4+. I think another bid of $3.20+ is possible.

    The number looks right to justify $3.20 to me. If RBA is correct about the inflation in wages, more salary sacrifice, more novated lease, more fleet change in businesses, more cash flow.

    I think the upside potential is big enough to justify a higher offer.

    GLTAH


     
 
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