On-line recruitment business SEK has corrected 20% from its 2021 high even though in February the company reported a 147% lift in earnings while its dividend bounced back to 3-year highs. As borders reopen, migrants return to our shores, and companies strive for staff we feel SEK is well positioned for the next phase of the economic playbook.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM likes SEK around $30
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