MMS Stock Discussion

McMillan Shakespeare Limited   Description

McMillan Shakespeare Limited is a provider of salary packaging, vehicle leasing administration, fleet management and retail finance services. The Company operates in three segments, including Group Remuneration Services, Asset Management and Retail Financial Services. The Group Remuneration Services segment provides administrative services in respect of salary packaging and facilitates the settlement of motor vehicle novated leases for customers, but does not provide financing. The Group Remuneration Services segment also provides ancillary services associated with motor vehicle novated lease products. The Asset Management segment provides financing and ancillary management services associated with motor vehicles, commercial vehicles and equipment. Its Retail Financial Services segment provides retail brokerage services, aggregation of finance originations and extended warranty cover, but does not provide financing. Its subsidiaries include Maxxia Pty Limited and TVPR Pty Ltd.

Sector: Industrials
Industry: Staffing & Outsourcing Services
Keywords: Financial Services Management Services Asset Management Packaging Leasing Vehicles Ing Group Taxation In Australia Motor Vehicles Fleet Management Warrant Ancillary Services Contract Law Stratton Novated Lease Salary Packaging Vehicle Leasing Warranty Lease Product