Peter Quinton sees value in FlexiGroup (FXL), a financial services company providing retail point of sale consumer financing, commercial leasing, and...

Bell Potter

Stockbroker

Peter Quinton sees value in FlexiGroup (FXL), a financial services company providing retail point of sale consumer financing, commercial leasing, and interest-free credit cards. FXL sources revenue from consumer & SME leasing (41%), No Interest Ever (35%), Interest Free Cards (13%) and Enterprise Leasing (11%). The company is constantly gaining exposure to new industries and end markets like jewellery, home furnishing, home renovation etc., and its 11 lines of business enables the group to cross-sell across various end markets. To sum it up, FXL is a high-quality mid-cap company with good management, proven track record, and robust growth prospects. It offers a fully franked dividend yield of around 5%, which is 1.8x covered, in FY15.


Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.