STTCOMP PPS FA LONGSOI: 405,285,531MC: $224,933,470CiH:...

STTCOMP PPS FA LONG

SOI: 405,285,531
MC: $224,933,470
CiH: $13.7m

Praemium Ltd (PPS) is a company involved in the provision of investment administration, Separately Managed Account (SMA) and financial planning technology platforms. Praemium administers more than 475000 investor accounts covering approximately $110 billion in funds globally, and currently provides services to approximately 700 financial institutions and intermediaries.

Praemium declared an excellent full-year report with an increase in EBITDA of +29% and NPAT of $2.55m, an increase of 80% over the previous year. Although with a P/E ratio of around 90, PEG ratio is under 1.2. CEO and Blackrock group both accumulating shares and a chart breaking out of the long-term downtrend now flirting with the 200-day moving average. FUA inflows showing strong growth and the platform winning awards across the board (including internationally) makes this a buy for me.

@ammie - thanks, hope this repost is ok.