Buy Navitas Limited

Navitas Limited (NVT.ASX) is an education services provider operating in multiple cities around the world. The stock trades on a PE of 21x and the  FY17 forward dividend yield is 4%. The current pullback in price presents a buying opportunity. Look to establish an entry point this week with an average value close to $5.00.

NVT

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Author: Leon Hinde

Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.

PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:

· Deposit Products
· Securities
· Derivatives
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks