Analyst comment: The recruitment industry was one of the first sectors to move online in the late 1990′s, with the development of online job boards. Whilst this undoubtedly improved job visibility, over time the proliferation of related online service providers has increased the number of intermediaries involved in the hunt for the right candidate. Not only has this slowed the overall recruitment process, it has also led to an increase in direct costs to employers.
ApplyDirect’s disruptive approach to the recruitment industry significantly reduces the requirement for intermediaries in the recruitment process by bringing the candidate directly to the employers career page and application process. Not only does this reduce the cost to the employer, it also enhances the candidate experience and therefore, level of engagement, in this new employer led recruitment process.
Signing the NSW government, one of Australia’s largest employers, so early in the company’s development, is a tremendous endorsement for ApplyDirect’s unique approach to recruitment services.
In the long term, we believe that Google for Jobs, which was recently launched in the US, should complement ApplyDirect’s business model and therefore potentially, expedite its growth when introduced to the Australia.
The information in this email should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
Valuation: We initiate coverage on ApplyDirect with a valuation of $0.58 / share (SP – $0.15 / share).
The information contained in this message and any attachments may be privileged and confidential, and is intended for the exclusive use of the addressee. If you are not the addressee, any disclosure, reproduction, distribution, on-transmission, dissemination or use of the communication is strictly prohibited. Please be advised that, whilst attachments may have been checked for viruses, you should rely on your own virus-checking software and procedures.
Customer Notice
Adam Kiley Trading as The Sophisticated Investor (TSI), (AR No. 458224) is an authorised representative of Intelligent Financial Markets Pty Ltd (AFSL No. 426359). The information contained in this communication is general advice only. Neither your personal objectives, financial situation or needs have not been taken into consideration. Accordingly, you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. The information in this communication should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.Conflict of interest
TSI does and seeks to do business with companies featured in its articles and video’s. As a result, investors should be aware that TSI may have a conflict of interest that could affect the objectivity of some articles or video’s. Investors should consider these articles and video’s as only a single factor in making any investment decision. The publishers of these articles and video’s also wish to disclose that they may hold this stock in their portfolios and that any decision you make to purchase these stocks should be done so, after the purchaser has made their own inquires as to the validity of any information in these articles and video’s.Publisher Note
TSI will only initiate coverage of a company that passes our internal investment checklist. Once a company has passed this checklist will we initiation coverage of the company as well as follow up with ongoing updates and commentary on that company’s activities. Articles and videos produced and published by TSI are NOT Research Reports in terms of ASIC Regulatory Guide 79.
- Forums
- ASX - By Stock
- AD1
- News: Initiation Report – Disrupting the $12bn recruitment industry with Australia’s largest...
News: Initiation Report – Disrupting the $12bn recruitment industry with Australia’s largest...
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AD1 (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.486M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $5.95K | 1.189M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 10850199 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 4462545 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 10850199 | 0.004 |
4 | 3106996 | 0.003 |
1 | 700000 | 0.002 |
5 | 6833136 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 4462545 | 7 |
0.010 | 148036 | 2 |
0.011 | 100000 | 1 |
0.014 | 100000 | 1 |
0.016 | 160000 | 1 |
Last trade - 10.36am 06/09/2024 (20 minute delay) ? |
Featured News
AD1 (ASX) Chart |