VFX 50.0% 0.6¢ visionflex group limited

From a technical standpoint, 1ST is looking very strong.All of...

  1. 3,387 Posts.
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    From a technical standpoint, 1ST is looking very strong.

    All of the moving averages are trending higher. At 8.5 cents, 1ST has a market cap of $34M, which is very cheap relative to competitor valuations (e.g. HealthEngine @ $100m), given that 1ST is the market leader.

    I for one am not going to sell a cent until we get closer to fair value at around an $80m market cap (share price of 19 cents). That would be a 10x multiple on incoming ARR of $8m.

    Quarterlies can be volatile, but this stock will be a winner over the next few years, with strong year on year growth moving forward.

    Lodge Capital's 12-month target stands at 38 cents.

    T.E.P.

    https://hotcopper.com.au/data/attachments/1936/1936395-19a441cb3a7073c2b60fc835dd89a7be.jpg
 
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