SFW sfg australia limited

Cracker of a result for 2013...the acquisition of lachlan...

  1. 47 Posts.
    Cracker of a result for 2013...the acquisition of lachlan partners has given SFG a multi disciplined accounting and advice offering. Free cash flow margins increased from 24% to 26% with only around 4 months worth of numbers from lachlan partners. I Expect cash earnings to increase substantially over coming months with substantial synergies going forward.

    Pity the stock isnt traded as much though... this is a potential high growth financial services business still in the early phases of growth paying fat dividend yields.

    The WHK merger was a fizzer... the legal claims WHK are currently involved makes the proposal unattractive i reckon.

    I reckon this is the next IOOF or Colonial... unless someone swoops first

    Anyone out there who also owns the stock?
 
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