GQG 1.55% $2.62 gqg partners inc.

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  1. 307 Posts.
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    Brought more today cost base down to $1.50 now. Feeling grateful for the opportunity to trade my Australian dollars which are guaranteed to depreciate over time for shares in this business which tomorrow will exemplify their growth, scale and profitability.

    Expectations from prospectus are as follows (2021):
    Revenue $US 398.6m
    Net income after tax 227.6m (57% margins including tax)
    Distributable Earnings 243.6m

    Looking for ~ 75% revenue growth and ~45% NPAT growth over the previous year (Profit before tax expected to be up 88%)

    To compare here is the 2020 numbers
    Revenue $US 227.5m
    Net income after tax 167.9m

    There's an investor conference call at 9.30am tomorrow, https://webcast.openbriefing.com/8322/.

    Cheers,
    Plague.
 
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Last
$2.62
Change
0.040(1.55%)
Mkt cap ! $7.737B
Open High Low Value Volume
$2.67 $2.69 $2.61 $9.694M 3.695M

Buyers (Bids)

No. Vol. Price($)
2 8757 $2.61
 

Sellers (Offers)

Price($) Vol. No.
$2.62 34686 2
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