Kerry Series: 1-Page could command a "muti-billion dollar valuation" (ASX:1PG)
Published on Oct 1, 2015
The thing that excites Kerry Series, CEO of Eight Investment Partners about 1-Page (ASX:1PG) is that he believes investors have not recognised the true value in their database. This is a large and hard to replicate the database, in fact, if you’re on social media it is most likely that you are in it. Having 1.2 Billion profiles, enriched by scraping data, means 1-Page have an extremely useful recruitment tool. What is this database tool worth? Series, one of the co-founders of Perennial Partners, believes that “if you look at the amount of money spent on recruitment, if you look at companies with job boards, if you look at the valuation of Linkedin and you add them all together 1-Page is targeting a multi-billion dollar market cap opportunity with a better product than the existing players in the market place. So $600 million AUD market cap has started to recognise the value of that database but I don’t think it fully reflects the potential of 1-Page’s opportunity.” Watch below for more on the relationship between 1-Page and Linkedin.
1PG Price at posting:
$1.73 Sentiment: Buy Disclosure: Held
