SIQ 0.26% $7.77 smartgroup corporation ltd

Ann: Appendix 4D and Half Year Report to Shareholders, page-10

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  1. 604 Posts.
    lightbulb Created with Sketch. 24
    Hi newdart

    Should be at least $3.20. If they continue to experience 30% growth, dividend target is approx 18 cents this coming financial year.

    When growth realised, price trades between $3.20 and $3.60. This will continue until they announce a disappointing result or outlook. Outlook may change due to federal election being called, the Abbot Liberal train is a wreck waiting to happen.

    Good news won't continue forever. They are developing leading platform for employers and employees, so good times will continue in the foreseeable future.

    I think they will stop growing as fast when their revenue reaches $150-200 million. MMS revenue is twice this size and are still growing at a reasonable rate. SIQ will reach above revenue target in five plus years.

    IMHO only. Interesting year ahead.

    Best of Luck
    Lost
 
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Last
$7.77
Change
-0.020(0.26%)
Mkt cap ! $1.115B
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$7.79 $7.85 $7.71 $3.843M 494.4K

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No. Vol. Price($)
4 3175 $7.71
 

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Price($) Vol. No.
$7.78 1496 1
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