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55.0¢ whispir limited

Fair enough but it’s still way south of their $3.45 target so...

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Iryna-Bella

1,050 Posts.

362

27/11/21

12:33

Post #: 57902848
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Originally posted by Sojourner: ↑

Ord Minnett released an updated report and while they acknowledged new guidance represents revenue growth of 34-42% on pcp, up from 20-26%, they identify the markets, they reduced their valuation target to $3.45 to reflect "decreasing multiples for smaller software companies and higher risk-free rates."

In summary - the company is doing better, but the market is valuing these types of companies at lower multiples, reflecting higher interest rate expectations.

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Fair enough but it’s still way south of their $3.45 target so bargain at current price. I’m not good with maths but the potential upside is 70% odd.

WSP Price at posting: $2.14 Sentiment: Buy Disclosure: Held
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0 Great analysis

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