Josh, I/m sure Diddy the cat will also some after this seeing our posts.
Jokes apart, it is a Capital light business with no inventory. So far they have captured only 1% of Australian market. Huge market opportunity for them. I am sure people owning campers will put theirs on rent given the returns when sitting idle. They also have expansion plan outside Australia. Growth numbers at more than 100%. Morgans only, so expecting this to do well. Valuation of 6.5x not too bad with current FY21 forecast which almost finished.
Was lucky to get a decent allocation. Good mid to long term hold.
IPO - Camplify Holdings Limited - 28 June 2021 #, page-8
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