Further I agree with AA valuations of asking for additional 30-35% premium based on the principle that the valuation of $350m is based on x4.8 earnings (very conservative should be 12x - industry standard) which is generating revenue from current contract ;
then they get access to 2.5 million customer
Commercial rate of acquiring a customer is $57/ customer which leads to a valuation of 2.5m x 57= 142m
Then, $142m is appox 40% of $350m......so AA being conservative is correct.
Further, HUM has customers who have had credit history checks etc and are paying customer with regular accounts. Commercial cost of acquiring such customers is worth $400.
Now if one thinks of it that way then the premium rises even higher....$400 x 2.5 =$1b.......but HUM lacks the Mojo to attract this premium...
And the last example, which does not apply here, acquiring home loan customer is about $3000-$4000.
This was going cheap .
@Obliqua@Chao88
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Last
48.5¢ |
Change
0.010(2.11%) |
Mkt cap ! $238.3M |
Open | High | Low | Value | Volume |
47.0¢ | 49.0¢ | 47.0¢ | $114.0K | 238.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 2682 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.480 |
1 | 2105 | 0.475 |
1 | 46000 | 0.470 |
1 | 10000 | 0.440 |
2 | 15109 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 2682 | 1 |
0.490 | 28444 | 1 |
0.495 | 20000 | 1 |
0.500 | 12115 | 7 |
0.505 | 8000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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HUM (ASX) Chart |