Qube Holdings FY16 Earnings Result

Qube Holdings (QUB.ASX) released FY16 earnings with EBIT of $250m, slightly below consensus.  We see QUB as an FY18 & FY19 growth story.

Buy on any pull-back in price into the following range, $2.40 – $2.55. Our algorithm engines will be tracking this name and I’ll update you on our next entry point, once it’s triggered.

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QUB

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