FID 0.17% $5.75 fiducian group limited

Hey Peter, I like your posts because you are always so rational....

  1. 120 Posts.
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    Hey Peter, I like your posts because you are always so rational. I trust the people in this company since I have been following them for many years, but less so recently. It is better just let them execute. We only need to cheer them when they deliver.

    There are a few caveats besides the inflows. The real estate woe is IMO a positive for the stock market. Chinese are not coming back any time soon. Money has to go somewhere. Also a lot depends on the monetary policy of the central bank. Historically when facing a difficult situation, quick and easy solutions usually prevail. I expect cheap money to flood the system soon. By looking at the returns in the past year in real estate and stocks, the stock market is a lot hotter than the housing market. I really hope we see a virtuous cycle once people are starting to pile in. A bull market will lift FUMAA at the same time, so this works better than acquisition and natural inflows.

    I think with a combination of inflows, acquisitions and integrations, and more importantly, a market that is 10% higher than today's level, it is still possible to see EPS coming at 50c.
 
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$5.75
Change
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Mkt cap ! $180.7M
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$5.62 $5.75 $5.62 $66.10K 11.65K

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Last update - 15.35pm 17/07/2019 (20 minute delay) ?
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