YBR
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0.00% 6.1¢ yellow brick road holdings limited

News: Yellow Brick Road Holdings to reveal acquisition, page-5

  1. tobyjack
    9,236 Posts.
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    08/07/14
    16:41
    Post #: 13629281

    Shaw Stockbroking have a BUY on YBR.......
    Yellow Brick Road Holdings Limited (ASX:YBR) - diversified wealth manager and mortgage broker entered a trading halt yesterday and tomorrow will look to announce its second of three acquisitions and a capital raising. In its most recent May half yearly result, Yellow Brick Road saw revenue from wealth management jump by 129% to 2.91 million, while income from lending was up 73% to 8.49 million. Yellow Brick Road, which has the backing of Macquarie Group, has been aggressively expanding its business and I believe the business is primed for significant growth in coming years
    YBR Price at posting: 73.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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