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Thoughts on Smart Group (SIQ) going forward please

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Thoughts on Smart Group (SIQ) going forward please

HI James and crew, Following the release of reports today I would appreciate your thoughts on Smart Group (SIQ) as they have been on your watchlist now for quite awhile. Thanks Geoff

Answer

Hi Geoffrey,

We’re going to cover SIQ in more depth next week. The result was light on from an earnings perspective, but there are a few other things at play here.  We should have covered during the week but simply had so much on, we’re at full capacity right now!  We like SIQ, and as you say, it has been on our Hitlist for the Income Portfolio for too long . i.e., we wish we had already bought it, but we may get another opportunity.

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SmartGroup Ltd (SIQ)
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