EXP 0.00% 16.0¢ experience co limited

Wilson Asset Management have EXP rated as a strong buy, see 4:05...

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    Wilson Asset Management have EXP rated as a strong buy, see 4:05 in below video.

    Wilson Asset Management equities dealer Cooper Rogers likes the look of Experience Co Ltd (ASX: EXP).“It’s benefiting from the recovery of the international traveller,” Rogers said on a Wilson video.“We’re seeing increased spend on experiences, rather than goods, particularly from our Chinese and Indian travellers. We expect that to really bode well for Experience Co.”The Experience Co share price has dropped 8.3% over the 12 months, but it has gained a handsome 14.6% since the start of 2023. According to Cooper, there is one particular business unit that’s going gangbusters. “The skydive division is the one you want to look at. It’s got massive operational leverage and with those increased numbers coming back, a lot of that incremental revenue is going to drop through the bottom line,” he said.“EXP is a buy for us.” Even back in 2021, in the midst of the COVID-19 delta lockdown, one expert predicted a boom two years later for this company. “When international tourists return en masse, hopefully in 2023, it's our belief that this lean, restructured business will be significantly more profitable than ever before,” said Forager Funds chief investment officer Steve Johnson.
 
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Mkt cap ! $121.1M
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16.0¢ 16.0¢ 16.0¢ $100 623

Buyers (Bids)

No. Vol. Price($)
1 150000 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 150000 1
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Last trade - 15.24pm 07/05/2024 (20 minute delay) ?
Last
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15.5¢ 15.5¢ 15.5¢ 999
Last updated 15.18pm 07/05/2024 ?
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