(Share)brokers are fallible but here's a summary from an outfit called FN Arena as to what they said re the SDF FY 21 results:
Steadfast Group's FY21 results were in line with guidance and forecasts. The premium rate cycle continues to remain supportive and volume trends are resilient despite the pandemic. Management is confident FY22 organic revenue growth should be in line with FY21, but flagged potential cost headwinds as wage rises catch up following a pause during covid. Guidance includes a capital raising, an acquisition and plans for addressing trapped capital stakes in existing brokers. Steadfast continues to execute well on strategy, as evidenced in four from four Buys.
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(Share)brokers are fallible but here's a summary from an outfit...
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