In the Financial Review today: "XTD could be one to watch in the increasingly popular outdoor advertising sector. The group says it has the world's first, designed-for-rail, across-track digital video system. It includes billboard-size LED televesion screens, with high-definition sound, to broadcast content to commuters."
With a seven-year contract negotiated with Queensland Rail expected to commence in June (their screens will reach over 55 million commuters per year), screens already operating in Melbourne's underground rail, the "expectation of strong population growth in SE QLD coupled with a trend towards use of public transport", and the potential for overseas development ("Management has identified expansion into the US as a key growth driver and has appointed out-of-home media specialist David Gibbs to an operations role there."), this is a company to keep an eye on.
XTD Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held