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24/04/15
23:20
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Originally posted by JBaker12
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The market doesn't realise the earnings potential of these screens when they are running a full clip of advertising and between Melb. and Bris. contracts the company is still undervalued. The 4c I think will help the market realise this earnings potential. In the 1H15 report, the company booked $0.548m in revenue ($0.39m net of MTM commission), which was only earned from mid-October. Extrapolating this and accounting for the additional advertisers that have come on board since, XTD have possibly booked between $1.5m to $2.0m in revenues. Given the lag in cash receipts, the 4c should show $1.0m to $1.5m in cash received.
It appears much of the overhang is gone so the tick up is probably also a natural function of that selling pressure coming off.
The expectation is that they should break ground in the US with a trial(s) this year. The hiring of David Gibbs is meant to accelerate this process.
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Indeed JB they are hypnotic, stand on platform and try to look elsewhere, no way. Most effect advertising I have ever seen. And the data collection, is most impressive.
Hold on tight.