You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:
Business Description: Wilson HTM Investment Group (WIG) is a financial services company, providing corporate, trustee, individual, and institutional clients with Wealth Management, Stockbroking, Managed Accounts plus Cash, Fixed Interest and Managed Funds options. WIG operates three main businesses including Capital Markets, Wealth Management, and Business Investment.
Strategy Analysis: The company aims to build an integrated investment group with multiple sources of revenue in order to insulate the business across a variety of market conditions. Focus of its Capital Markets business remains on the mid market companies.
Wilson HTM Investment Group reported NPAT down 67% to $2.65m for the half-year ended 31 December 2010. Revenues from ordinary activities were $74.78m, down 19% from the same period last year. Diluted EPS was 2.5 cents compared to 7.8 cents last year. The net operating cash outflow was ($12.47m) compared to an inflow of $21,392m in the pcp. The interim dividend declared was 2 cents compared with 3 cents last year.
The Age 18/05/2013 |
As Australia's major retailers increase their online sales channels, pouring millions into their websites, they could face new competition from China's booming e-commerce industry.
The Age 18/05/2013 |
Most of those who take a political approach to the budget assume that if it's in deficit, the way you get it back to surplus is to cut government spending or, if you're a really bad person, increase taxes. They forget it's the budget itself that's supposed to do the heavy lifting.