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PPS - Praemium Limited

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After a good little run earlier in the month, they have retreated a little and consolidated around this level for the last couple of weeks. Not much news apart from some minor changes in staff and the steady buyback with the excess cash from their sale of the international business.
 
Overall heading in the right direction atm since the start of the year @rcm617, up 12.8% so far.

 
PPS has had a good month increasing from $.43 to $.49 this month. Had an update middle of the month, indicating FUA of 53.3 billion an increase of 22% over the FUA a year ago. The addition of Onevue adds another 4.1 billion FUA. Still hoping for a takeover this year sometime.
 
PPS gave up all last months gains to be back to $.425, despite no negative news. Still buying back shares every day, but no news of a takeover yet.
 
Has had a pretty good month with the price gaining momentum towards the end of this month for a solid gain. Still has about 13 million shares to buy back, so hopefully they can keep up the momentum.
 
Price went well for the start of the month until the June quarter update with net outflows from powerwrap clients of $437 millions which was more than expected. Still very cheap and an attractive takeover target.
 
Had a good uplift after the annual report with better than expected results for the second half. Still cheap compared to the other platform providers so still hoping for a takeover.
 
Slow improvement in price, but no news. Still has a bit of the buy back left so hopefully can keep up the Slow improvement.
 
Came out with a positive update this month which has provided a bit of momentum to the share price. Total FUA are up 30% helped along by the inclusion of onevue.
 
Weekly chart: PPS
Technology, very strong sector, Software packaging.
I'm paying attention as it rises to 70 cents which its tried to do a couple of times this week.
 

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In a pretty good uptrend and keeping on with it after a positive Agm presentation, with the onevue acquisition integrating well.
 
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