SIQ 0.71% $8.44 smartgroup corporation ltd

Ann: NSW Health contract and earnings update, page-33

  1. 1,467 Posts.
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    It's likely they provided a conservative guidance today. Delays might start to be alleviated in the coming month which might even increase the profit.

    Long term these are good prices. With FBT exemption on electric cars, you can expect more salary packaging to be done into replace older cars which are currently subject to FBT.

    Remember there is a reason why private equity TPG made a revised takeover offer at $9.35 per share. That reason being they would have expected to extract more value than that price over the long run. When you put it into that perspective, this is a great hold - particular now where it is important to receive dividends in a volatile uncertain market.
 
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