SEQ 1.49% 33.0¢ sequoia financial group ltd

More positive than I was expecting. There was a small profit of...

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  1. 183 Posts.
    More positive than I was expecting. There was a small profit of $115k before depreciation and costs, however it looks like we deferred some revenue and, in turn profit after the market downturn we had late last year.

    Loss was $1.4m instead of the guided $1.8-2.0m.

    NTA increased 6c to 8c.

    118% increase in revenue.

    Confident we will thrive post royal commission.

    I’d love to see a little cost cutting to pump up
    a profit come 30 June.

    Last edited by Ryes: 28/02/19
 
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