SMARTGROUP CORPORATION (SIQ) Shares

ABOUT SMARTGROUP CORPORATION

SmartGroup Corporation Limited is an Australian outsourced salary packaging company that serves the state and federal government departments, not-for-profit, health and corporate sectors nationwide.

The company was founded in 2001 and its headquarters are in Sydney, NSW. Since 2001, SmartGroup has emerged into one of Australia’s leading and most awarded providers of employee management services and are they recognised for their innovative customer approach.

The group assists Australian employers in simplifying salary packaging, novated leasing, fleet management, share plan administration and payroll services. They also help hospitals to operate more efficient through workforce optimisation.

They develop the programmes that help other businesses reach their organisational goals and dedicated customer support teams ensure these businesses employees get familiar with such programmes in order to make the most of all benefits.

OVERVIEW OF SMARTGROUP CORPORATION

• SmartGroup Corporation Limited is known for its specialised services. The company’s segments include Outsourced administration, Vehicle services, and Software, distribution and group services (SDGS).
• The Outsourced administration provides outsourced salary packaging services, which includes administration, novated leasing and share plan administration.
• The Vehicle services segment is involved in end-to-end fleet management services and the SDGS segment provides software solutions and distributes vehicle insurances and information technology services.
• Employee benefits brands include Smartsalary, Smartleasing, Smartfleet, PBI Solutions, Advantage, Health-e Workforce Solutions, Smartequity, Autopia and Selectus.

VISION & VALUES OF SMARTGROUP CORPORATION

• SmartGroup Corporation Limited stays committed to keep its competitive edge and stay geared for continuous improvement. Systems are modeled to reduce any processes that offer no value to clients and ensure flexibility to respond to opportunities and challenges quickly.
• Customer service and employee engagement is assessed regularly and reported by external auditors, with results giving valuable insights from which they can improve and grow.
• The group positively contributes to communities and operates and supports a wide range of community and charity organisations directly and via employee-led activities.
• SmartGroup Corporation 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 SMARTGROUP CORPORATION

• SmartGroup Corporation Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SIQ, listed in the Industrials sector.
• Highlights of the company’s performance in 2019 include profit after tax of US Dollar 40.5 million for the half year, a rise of 5% on the prior corresponding half year. Revenue was US Dollar 125.8 million, exceeding the prior corresponding half year by 3%.
• The group had a net debt balance of US Dollar 32.5 million at 30 June with leverage of 0.3 times.
• Due to SmartGroup Corporation 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 SMARTGROUP CORPORATION stocks / shares – A Step by Step Guide how to Buy / Purchase SMARTGROUP CORPORATION 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 SMARTGROUP CORPORATION 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 SMARTGROUP CORPORATION 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 SMARTGROUP CORPORATION 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 SMARTGROUP CORPORATION 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 SMARTGROUP CORPORATION 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?