HLI 0.87% $4.08 helia group limited

GOOD NEWS, page-4

  1. 664 Posts.
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    Good to see the share price reflecting great result.

    I particularly liked the renewal of the CBA contract.

    FWIW, Macquarie has lifted its price target to $4.10 (per FNArena).

    My previous analysis and case for buying GMA was based on the excessive discount to NAV + a high dividend yield combined with capital returns. As the gap between the share price and NAV has shrunk and the projected dividend yield has fallen (higher share price = lower yield), I'll need to revisit and see if I can justify buying more on the basis of expected growth.
 
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