FPS fiducian portfolio services limited
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It's all quite complicated...I had a read of the document that...

  1. ValueSnatcher
    1,464 Posts.
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    23/12/14
    14:40
    Post #: 14501826
    It's all quite complicated...I had a read of the document that was (expensively) sent out to me. Could have just emailed a link!!!
    Management own a third of shares on issue, so I am trusting that these actions are for the benefit of shareholders as a whole.
    The recent pullback has left this one without too much interest.

    Trading on about 7.5x EV/FCF and 5.2 EV/EBIT.
    Pretty undemanding, not too much growth priced in - which is comforting.
    FPS Price at posting: $1.62 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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