MMS Results Recap
McMillan Shakespeare (MMS) held in the Income Portfolio is up 25% since results last week. It is now well overbought – having a habit of spiking on results and then peaking. 1HFY24 reports novated lease sales up 25.7%, sales up 42.9% to $87m. Profit of $37m up 5.8%. Interim fully franked dividend of 76c, up…