LNK 0.00% $2.09 link administration holdings limited

Got in at $5.55 yesterday as I see a good opportunity in the...

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    Got in at $5.55 yesterday as I see a good opportunity in the medium term. I think the regulatory risk is not likely to be material and the Co has some solid clients and a spread of risk. Morgans Stanley has a PT of $8.20 and OW on Linkand had this in a report on the Wealth industry and superannuation on 13/6/2019.

    "Following the RoyalCommission into Banking, there is a possibility that trustees willrevisit fund administration capabilities and if they are in members'best interests. We think LNK investors likely have a "free option" onretail outsourcing as retail players reevaluate how value is capturedacross the value chain and where they want to compete."
 
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Currently unlisted public company.

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