FID 0.26% $7.60 fiducian group limited

Hey, sorry I did not make it clear but I meant the shares are...

  1. 143 Posts.
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    Hey, sorry I did not make it clear but I meant the shares are trading at around 5 aud. You are right last year UNPAT/Cash Earnings was at 33.6c. I assume this year we will prbably see 38-40c, considering the market recovery while earnings need time to adjust to new level of FUMAA. However UNPAT does follow the market and thus FUMAA. With the acquistions, although a little bit optimistic, I can see a path that we make 50c next year. Market is usually looking forward to next year earnings, not the current year. I assume it is the same in Australia.

    All the screen I can see showing 29.4 in EPS and based on that FID is quite expensive, considering the sorry state in this sector. But if I was right and we do have underlying EPS come close to 50c in 19/20, then this is probably too cheap. But be advised no one other than those who have serious interests in this company have any incentives to look beyond headline P/E. This is likely the reason why it is quite cheap. Be prepared it will remain this way for a long time.

    Liquidity will soon flood the market if Australia decides to do its own QE/stimulus. It is ironic to see the market remained flat while all other markets are making new highs and will finally break out when the economy is under more stress.




 
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Last
$7.60
Change
-0.020(0.26%)
Mkt cap ! $239.2M
Open High Low Value Volume
$7.65 $7.78 $7.56 $86.51K 11.30K

Buyers (Bids)

No. Vol. Price($)
1 2479 $7.60
 

Sellers (Offers)

Price($) Vol. No.
$7.76 3750 1
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$7.68
  Change
-0.020 ( 2.20 %)
Open High Low Volume
$7.63 $7.77 $7.58 1881
Last updated 15.59pm 28/03/2024 ?
FID (ASX) Chart
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