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SG Fleet Group

 

Buy SG Fleet Group shares

SG FLEET GROUP (SGF) Shares

ABOUT SG FLEET GROUP

SG Fleet Group Limited provides motor vehicle fleet management, vehicle leasing and fleet management services to corporate and government customers and individual employees of those customers in Australia, New Zealand, and the United Kingdom.

The company was founded in 1986 and is based in Pymble, Australia. It is a subsidiary of Bluefin Investments Limited, has more than 30 years of experience, and operates at the forefront of innovation.

The company’s history dates to 1986 with the formation of Leaseway Transportation as a specialist fleet management company in Australia.

In 1988 a joint venture was established with CBFC (the finance company arm of the Commonwealth Bank of Australia), combining Leaseway’s fleet management expertise and CBFC’s financing capability to provide both fleet management and leasing to customers.

OVERVIEW OF SG FLEET GROUP

  • SG Fleet Group Limited offers motor vehicle fleet management, vehicle leasing, consumer vehicle finance and salary packaging services.
  • The company’s products include Driversafety intelligence, Bookingintelligence, vehicle accessories, Fleetintelligence 2.0, Roadside Assistance service, toll management service, a fuel management programme and incident and accident management services. The fleet management services include maintenance plans, registration renewal, vehicle acquisition and disposal, fines management and driver training.
  • The Company’s specialist commercial division offers truck, plant and materials handling fleet management and leasing solutions.
  • The company offers fleet management and leasing services for government organizations, novated leases for government employees and salary packaging for government employees. They also have an application for iPhone and Android.
  • More than 700 staff are employed which manage more than 140 000 assets.

VISION & VALUES OF SG FLEET GROUP

  • SG Fleet Group Limited aims to be the leading provider of integrated mobility solutions. The company values innovation, excellence, trust and collaboration and is committed to achieve environmental and social sustainability to aid in the preservation of the earth’s natural resources.
  • They try to improve environmental and social sustainability performance and monitor emissions and benchmark the data on a year by year comparison, with the target being a 5% reduction in Co2 emissions by 2022.
  • The company supports events and community projects in partnership with clients and business partners.
  • SG Fleet Group Limited follows this sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF SG FLEET GROUP

  • SG Fleet Group Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SGF, listed in the Industrials sector.
  • Highlights of the company’s performance in 2019 include revenue US Dollar 508.09 million, net income US Dollar 60.46 million and profit margin of 11.90%.
    It had total assets of US Dollar 680.89 million and total liabilities of US Dollar 401.72 million.
  • Due to SG Fleet Group Limited’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy SG FLEET GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase SG FLEET GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy SG FLEET GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SG FLEET GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE SG FLEET GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SG FLEET GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy SG FLEET GROUP stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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