31 Aug 2026Salter BrothersCCVHeldSalter Brothers continues to hold Cash Converters International (ASX: CCV) after what it describes as a solid FY26 result delivered in August. The manager notes the company is continuing its strategic transformation through the acquisition of franchise stores and the refresh of its lending products. Cash Converters maintained an annualised 2c fully franked dividend per share, equivalent to a 7% yield as at 31 August 2026. For FY27, the company is targeting 10 new greenfield stores, the acquisition of more than 20 franchisee stores and the refinancing of its securitisation facility. Salter Brothers remains confident in the two-year outlook, citing good earnings growth and a strong balance sheet.
31 Aug 2026Salter BrothersCCRHeldSalter Brothers continues to hold Credit Clear (ASX: CCR), which rebounded during the month as the strength of the underlying business became increasingly evident following a strong FY26 result. The manager notes revenue grew 28% to $60m and underlying EBITDA rose 41% to $10.5m, with recently acquired businesses ARC Europe and DTS performing ahead of expectations. Management issued FY27 guidance for revenue of $73–77m and underlying EBITDA of $12–14m. Salter Brothers also highlights management's confirmation that the ongoing ACCC proceedings have not materially affected financial performance to date, easing a key area of uncertainty for the investment case.
Salter Brothers is an Australian-owned alternative investment manager founded by brothers Paul and Rob Salter, focused primarily on hospitality real estate alongside broader property, private equity and credit strategies. Since building its hotel platform from 2015, the firm has grown into one of Australia's largest hotel owners, managing well over $2 billion (and growing toward nearly $4 billion) in group assets, including flagship vehicles such as the Salter Brothers Australian Hotel Group Fund and Hospitality Retreat Fund. The firm specializes in acquiring, repositioning and actively asset-managing hotels and luxury retreats, exemplified by major deals such as the $620 million Travelodge portfolio acquisition (with GIC and Partners Group) and the Spicers Retreats purchase. Salter Brothers has since expanded internationally, including a push into pan-Asian hospitality and living-sector investments.
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11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.
31 Aug 2026Salter BrothersCCVHeldSalter Brothers continues to hold Cash Converters International (ASX: CCV) after what it describes as a solid FY26 result delivered in August. The manager notes the company is continuing its strategic transformation through the acquisition of franchise stores and the refresh of its lending products. Cash Converters maintained an annualised 2c fully franked dividend per share, equivalent to a 7% yield as at 31 August 2026. For FY27, the company is targeting 10 new greenfield stores, the acquisition of more than 20 franchisee stores and the refinancing of its securitisation facility. Salter Brothers remains confident in the two-year outlook, citing good earnings growth and a strong balance sheet.
31 Aug 2026Salter BrothersCCRHeldSalter Brothers continues to hold Credit Clear (ASX: CCR), which rebounded during the month as the strength of the underlying business became increasingly evident following a strong FY26 result. The manager notes revenue grew 28% to $60m and underlying EBITDA rose 41% to $10.5m, with recently acquired businesses ARC Europe and DTS performing ahead of expectations. Management issued FY27 guidance for revenue of $73–77m and underlying EBITDA of $12–14m. Salter Brothers also highlights management's confirmation that the ongoing ACCC proceedings have not materially affected financial performance to date, easing a key area of uncertainty for the investment case.
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