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0.00% 34.0¢ sequoia financial group ltd

I believe it depends on the accounting treatment. A fair chunk...

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  1. imran khan
    785 Posts.
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    30/04/15
    20:11
    Post #: 15193314
    I believe it depends on the accounting treatment. A fair chunk of the 'gross' SFG revenue was from selling investment products for which lets just say SFG receives 100% of, but SFG pay out say approximately 90% to the originator of the investment product (Macquarie, Credit Suisse). I suspect MWS are now just taking the commission or 'net' revenue (say 10%). Not certain, but suspect it has something to do with that.
    SEQ Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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