ALC 6.25% 6.8¢ alcidion group limited

Broker report, page-6

  1. 99 Posts.
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    I like the quote below from their report. 

    Recommendation We initiate coverage with a buy recommendation and price target of $0.091 ps. The near term outlook is positive with a number of catalysts to drive growth in FY19. They include:  MKM have identified 25 immediate opportunities to upsell the combined offering.  Long term exclusive licenses, long term revenue growth, low capex requirements and forecast NPAT.  Synergies will be a good source of growth and margin expansion.  ALC is trading on a FY19E EV/Rev of 2x. We believe this is a steep discount to its embedded contract book and forward recurring earnings quality.
 
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Last
6.8¢
Change
0.004(6.25%)
Mkt cap ! $72.51M
Open High Low Value Volume
6.5¢ 6.8¢ 6.4¢ $34.89K 522.5K

Buyers (Bids)

No. Vol. Price($)
5 240002 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 644130 3
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Last trade - 11.20am 25/11/2024 (20 minute delay) ?
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