LNK 0.00% $2.09 link administration holdings limited

Ann: Daily share buy-back notice - Appendix 3E, page-22

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  1. 5,458 Posts.
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    I cant see how coronavirus affect link earning in any meaningful way

    1. Their super, pension account management, they get money regardless we have corona locked down or not
    2. Properties exchange in PEXA unlikely to slow down for home buyer, maybe even more so with the virus no face to face meeting and exchange all done online
    3. Their shares registry service again wont be affect by the virus, maybe M&A and capital raising will be affected but core share registry won't

    The other part of the business probably get affected with less capital activities while the Corona ravage but it not the whole of links business
    and the current price is more than factor in for any slow down in earning.

    so they flag 160m this year, give or take say 140-150m with the virus, crazy value at play

    PEXA is the outlier and could surprise the market with more and more properties related stuff force to go online and mandate by the states
    you don't have a choice, you have to go on PEXA.

    I think LNK need to explore and float PEXA and retain a stake like WES with Coles so the market can price it correctly


    Last edited by ROEROC: 12/03/20
 
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