VOC 0.00% $5.49 vocus group limited

Ann: Trading Halt , page-62

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  1. 512 Posts.
    Microequities have published new Vocus research report.

    http://microequities.com.au/wp-content/plugins/media-administration/research-reports/VOC18032014.pdf

    Its seems ME prefers Timee's valuation to that of Petepan! i.e. growth than priced in. Price target $3.96

    "DCF Valuation
    Our valuation increases from $3.27 to $4.64 due to increases in our earnings forecasts. Our WACC is 10.60% and
    long term growth rate of 3.0% is maintained. Readers should note that the cash from the recent capital raising is
    valued as surplus cash and therefore we expect our valuation to rise should that cash be used in a value accretive
    acquisition. "

    I'm simply the messenger :)
 
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