Hi,Intersuisse see M2 as an easy recommend buy!The Clear...

  1. 528 Posts.
    Hi,

    Intersuisse see M2 as an easy recommend buy!

    The Clear acquisition is significant. We expect M2 to continue to pursue bolt-on and complementary opportunities, while pursuing organic growth and integration benefits of synergy, cross-sell and scale. This focused strategy, M2?s low debt and sound track
    record of annual growth in revenue, profits and dividends ? make it an EEASY TO RECOMMEND STOCK.

    Vaughan Bowen is aged 37 (Wikipedia). While he and the M2 team ? several from before the ASX-listing, some from acquisitions, have come a long way already, this saga could
    have a great deal further to go. Clear for take-off on the main runway, take your seats

    Highlights:

    M2 has a full product suite and national coverage. Its business is built around the cost base of a (lower margin) reseller model and it is ?infrastructure light? and will have no ?stranded assets? post-NBN.
    Outstanding record of sound growth.
    M2 has institutional backing.
    Its growth is now predictable as a leader in a very large niche.
    Despite being a leader in its niche SME market, M2 has an
    overall telecoms market share of barely 2%.
    Plenty more upside to come.
    Clear for take-off on main runway

    Smile, wave and keep holding the dream has mcuh further to run....

    SD

    http://m2.com.au/__data/assets/pdf_file/0004/9841/M2-Telecommunications-Group-Intersuisse-1-February-2011.pdf







 
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