All posts by Scott Murdoch
Senior Analyst
Sectors Covered: Diversified Financials, Professional Services
By Scott Murdoch
02 February 2021, 5:00 PM
Following Credit Corp's 1H21 result, we remain positive on CCP’s long-term outlook given its balance sheet strength, a solid market position in both AUS/USA, and a material growth opportunity in the USA.
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By Scott Murdoch
12 January 2021, 12:30 PM
We view Magellan Financial Group's valuation as reasonable (~20x FY22F PE) with solid growth potential in the core business and optionality from new ventures.
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By Scott Murdoch
06 January 2021, 12:00 PM
Pinnicle Investment Management (ASX:PNI) has announced 1H21 performance fees of A$11m (PNI NPAT share), up from a very minor contribution in 1H20 and 1H19 .
We retain an Add recommendation based on the embedded growth in the business (the maturing profile of existing Affiliates and investment strategies) and future optionality from adding new Affiliates.
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By Scott Murdoch
10 December 2020, 3:00 PM
We have added Magellan Financial (ASX:MFG) to Morgans Best Ideas for December 2020. Morgans Senior Analyst Scott Murdoch explains why.
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By Scott Murdoch
09 July 2020, 9:50 AM
In this piece, I provide an update on the Financial Services sector. In detail, I discuss Magellan (MFG), Pendal (PDL) and Pinnacle Investment (PNI).
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By Scott Murdoch
02 July 2020, 2:40 PM
We view NWL as a high-quality business, although fully valued at current levels. We retain an Add recommendation on HUB.
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By Scott Murdoch
29 January 2020, 4:53 PM
We are positive on CCP with it having a strong, visible organic growth path, and further upside from likely capital deployment over 12-18 months. However, we retain a Hold based on valuation – looking for some additional upside to buy.
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By Scott Murdoch
09 January 2019, 1:47 PM
Performing through the volatility
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By Scott Murdoch
10 August 2018, 11:28 AM
Dialing up the dividend
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By Scott Murdoch
01 August 2018, 11:39 AM
We're the kids in America
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