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EQT - EQT Holdings

Discussion in 'Stocks 0-H' started by Dona Ferentes, Mar 25, 2020.

  1. Dona Ferentes

    Dona Ferentes

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    EQT Holdings Limited (EQT, formerly Equity Trustees Limited) is a financial services company which provides financial products and services and include wealth management, estate planning, managed funds, superannuation, institutional services and philanthropy.

    EQT operates in Australia and has two business units which are Trustee & Wealth Services and Corporate Trustee Services.

    - Like most companies, EQT has taken a beating in the recent sell-off, and lost all of the last three year's gains. As a boring 'bread and butter' stock, I can't see its business model changing too much. Maybe it's cheap again? Only issue is liquidity; tightly held and possibly hard to accumulate a position

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  2. IrishDigger

    IrishDigger Australia

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    I notice WAA has listed EQT in one of its Top 20 Holdings.
     
  3. Dona Ferentes

    Dona Ferentes

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    and coming in at #11 (2.8% of total) at Mirrabooka; its the sort of stock that appears in 'value' portfolios
     
  4. So_Cynical

    So_Cynical The Contrarian Averager

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    ETQ is a very robust business, half the income is recurring Trustee services, they have 30 million cash and very little debt.
     
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