Obviously, the stock is getting discovered (re-discovered ?) recently. Apart from this presentation, Canaccord has also initiated the coverage this week, with a target price of 3.25 $.
Some new elements for me in this presentation : - Camplify still expects to increase the average daily rate with some RV owners. So far, my understanding was that they let owners decide the renting price. In this presentation, Justin Hales is indicating that they are working with some owners how to better rate their vehicles. Would be interesting to see how far they are ready to go there, given the ability to improve the utilisation and pricing on the platform, probably at a very low cost.
- they are campaigning with ATO to get RV renting business to be considered as an investment property. I did not get from the presentation if they have already reached an agreement with ATO about this.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)