FID fiducian group limited

We Love Operational Leverage

  1. 3,556 Posts.
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    Very encouraging report from Shaws. EPS growth from 2016 - 2019 is/predicted at 26.1% ,30.2% , 24.2%, 24.6%.
    DPS in 2019 @ 26.5 , franked up that's 37.76 cents. Anyone with a tax free Super Fund or Super Fund at 15% tax on earnings take note, much better rate than cash !

    Financial advisers deserting the major lenders in droves having bled more than 400 advisers in the last 6 months as they tire of the conflicts. Meanwhile consolidation between small and mid-tier independent advisories is gathering momentum. Perfect storm for FID as the operating leverage at FID is significant. Shaw's see the fixed costs ratio at 50% so incremental revenue falls through to the bottom line. As seen in thier forecasts, a 50% increase in Operating revenue translates to an 80% increase in EBITDA from 2016 to 2018E. FID trades on a forward PE of 11 on 2019 earnings.
 
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(20min delay)
Last
$11.05
Change
0.260(2.41%)
Mkt cap ! $348.8M
Open High Low Value Volume
$10.90 $11.05 $10.81 $69.53K 6.343K

Buyers (Bids)

No. Vol. Price($)
1 1466 $10.81
 

Sellers (Offers)

Price($) Vol. No.
$11.05 190 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
FID (ASX) Chart
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