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Thoughts on Fiducian Group (FID)

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Thoughts on Fiducian Group (FID)

Hi guys I had a look at fid and it looks a good stock to own . Your thoughts please Thanks Tony

Answer

Hi Tony,

This $230mn financial services business is a new one for the MM report – they provide financial planning, funds management, investment platform admin. etc. We’re not familiar with its business but its forecast to yield 5% over the next 12-months having paid a reliable steady fully-franked dividend since it listed in 2015.

  • From a technical and yield perspective FID looks good value ~$7.
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Fiducian Group (FID)
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