As I posted on the DT forum on Thursday night: - The sector is...

As I posted on the DT forum on Thursday night:

- The sector is currently on fire and investors need to make friends with the trend (up).

The early runners in the sector are still running, as witnessed by MNW most recently who's SP increased another ~45% (or ~$32M) over the last 2 trading days, taking its value to $100M+ from just $27M a couple of weeks ago).

Other stocks in the sector, like ABN, have started their climb up to catch up with the early runners.

ABQ is the last stock to move and judging by the action on Friday (volume and SP increase), it looks like it is starting its move up for a significant re-rating and catch up to its peers.

Excuse my graphic design skills, but I have taken an image from ABN's presentation (which compares the sector peers) and drawn on the increase in ABQ's market cap as well as the likely revenue to be achieved from this quarter (on an annualised basis) from the Check-In acquisition (last Check-In operator's 12 month revenue was ~$50M which I have multiplied by the 15% agency commission).

The graph/peer comparison shows that ABQ's likely revenue per annum from their new acquisition will be ~$7.5M, which is the more than the current market cap of $7.4M.

Going off the peer comparisons and the size of their market cap (bar) relative to their revenue (bar) per the pic below, ABQ has quite a re-rating to come.