External broker reports(aggregated public sources), Bell Potter Securities

Bell Potter

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

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Bell Potter Securities

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to individuals, institutions and corporations. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>All sound with synergies coming onlinePPS delivered a strong result, consistent with prior aspiration for double digit revenue growth and slight operational leverage.</li><li>PPS does not provide net inflow guidance but mentioned it expects meaningful flows to follow the recent client onboarding.</li><li>Things generally sound better with PPS now on track to realise +$3m run-rate EBITDA from OV before incrementing.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

All sound with synergies coming onlinePPS delivered a strong result, consistent with prior aspiration for double digit revenue growth and slight operational leverage.PPS does not provide net inflow guidance but mentioned it expects meaningful flows to follow the recent client onboarding.Things generally sound better with PPS now on track to realise +$3m run-rate EBITDA from OV before incrementing.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Praemium Ltd

Praemium (PPS): Operationally sound