SEQ 0.00% 34.0¢ sequoia financial group ltd

Ann: Appendix 4C - quarterly, page-4

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  1. 785 Posts.
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    Yes, looks very positive indeed.

    Some very impressive results in its 2 key business metrics:
    - trading volumes up 87%, so obviously they are pumping a lot of the Sequioia trading volume through d2mx
    - 29% increase in SMSF accounts, so they are increasing FUA and most likely FUM quite rapidly

    A solid business (although not of the highest quality), decent Management, CF positive next quarter, with a number of interesting growth opportunities ahead of it - all for $8m.
 
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