I don’t know why Philip is using a discount rate of 11%. That...

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ChickenNuggets

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04/06/20

15:52

Post #: 45039269
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Originally posted by Troyka: ↑

I thought that I would start a thread for all of these price target predictions. Personally I'm quite optimistic about the future of BID, and this is based on their continued ability to deliver new sales and clients, evidence of this is provided through their updates, and information provided by analysts.

Phillip Capital currently have a price target of $1.40 (upgraded from $1.26). Click here for the Phillip Capital report from 8 April 2020

From other sources. Rated a strong buy.

Reporting and sales - shows excellent growth

It seems that BID are now in the habit of providing sales and news updates in their quarterly reports. They haven't been pumping announcements like some other companies. To me this signals that they haven't yet had the bounce that some others have had post-COVID, but it's probably just a matter of time. Here is what they had to say the last time in their last quartlery report. Click here for the report

Sales - I'm particularly keen to hear more about the paid pilot with a major Australian Energy retailer

Everything is heading in the right direction. The future seems bright to me for BID IMO. DYOR.

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I don’t know why Philip is using a discount rate of 11%. That seems pretty high at the moment with rates at zero and money like confetti.

these models are very sensitive to the discount rate used and if say 8 or 9 is used instead of 11 the value goes up a fair bit.

I think it’s an absolute bargain and I bought more today at 67.

BID Price at posting: 67.0¢ Sentiment: Buy Disclosure: Held
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