Kiwi Tigress
03-15

$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ 

πŸš€πŸš€  NOW PART OF THE ASX300   πŸš€πŸš€

Looking for a solid longer term investment On the ASX? You may like to consider:

Propel Funeral Partners (ASX:PFP) is now into the ASX 300

The only certainties in life are death and taxes, and this company helps with the former. And it isn't cheap, with a cost per funeral of over $6,000. In 1HY24, it increased revnues by 23%, funeral volumes by 17% and its profit by 7%. PFP is growing both organically and through M&A, having completed $284m in operations since its IPO in 2017. The company boasts 91.1% growth since then, well ahead of the ASX 300 which only grew 27%.

My investment is at 11.26% presently and I'm looking forward to my first dividend of $0.072 AUD paid on 05 April.

Happy Tiger trading 😊

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Barcode
    03-15
    Barcode
    I’m buying the Dip πŸ‘
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