VOR 0.00% 39.5¢ vortiv limited

Ann: Vortiv Ltd Preliminary Final Report Summary, page-203

  1. 1,529 Posts.
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    This is why I bought in at ~16c a few weeks ago, thought it was very cheap considering the PE and the growth rate/potential (before any of the cyber security hype news)... the news may have just brought some attention to a previously overlooked stock. I wouldn't be surprised if this gets back below 20c before the next company earnings update but I'll top up if it gets to 18c or lower. I bought with intention of a 12 month minimum hold to see how much organic growth management can get out of the existing businesses. I'm expecting a 30c+ share price by this time next year... but if the hype from the last week indeed carries to businesses and they do seek out more cyber security services because of it then it would only accelerate VORs growth.

    Limited downside here and a lot of upside imo (if you're not in it for a short term flip). It's not like this was a loss making tech stock that has rallied 200% on hype - it's a solid, profitable, growing business that may now also have a stronger wind at its back. Even the PE of ~14 on current actual earnings guidance (~$2.2M/year) and with the current market cap (~$30M) is not super high given the growth anticipated? Could probably justify a PE upwards of 20 given the high growth industries that the majority of earnings are derived from and their associated tailwinds?

 
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Currently unlisted public company.

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