Analyst comment: the short-term benefits of the transaction are obvious, given that Family Zone will have immediate access to 260 schools and 130,000 students throughout New Zealand, which we believe will increase revenue for the current year (TSI estimate – total FZO revenue $7 million 2018 FY). That said, the longer-term benefit of implementing Linewize’s state-of-the-art platform into Family Zone is expected to result in significant ongoing cost savings, whilst the platform will also likely simplify the company’s continued expansion into the US market.
Further, Family Zone continues to progress its telecommunication strategy, as Telkomsel – one of the world’s largest mobile carriers, with 178 million users in Indonesia – recently launched its white-label service ‘Family Protect’. Given Telkomsel’s client base, this has the potential, even with a small uptake, to significantly and positively impact Family Zone’s bottom line. We anticipate additional carrier agreements and further commercialisation launches during 2018.
The information in this email should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
Valuation: we have increased our valuation for Family Zone to $1.33 /share (previously $0.84/share). The major drivers for this were reducing our discount rate to 13.3% (previously 18.5%) and increasing our revenue assumption (1% LT uptake – 2022) for the Asian telecommunication carriers only (the previous assumption being nil revenue for telecommunication carriers). We will reassess this again as the Telkomsel partnership matures.
The information contained in this message and any attachments may be privileged and confidential and is intended for the exclusive use of the addressee. If you are not the addressee, any disclosure, reproduction, distribution, on-transmission, dissemination or use of the communication is strictly prohibited. Please be advised that, while attachments may have been checked for viruses, you should rely on your own virus-checking software and procedures.
Customer notice
Adam Kiley trading as The Sophisticated Investor (‘TSI’), (AR No. 458224), is an authorised representative of Intelligent Financial Markets Pty Ltd (AFSL No. 426359). The information contained in this communication is intended as general advice only. Your personal objectives, financial situation and needs have not been taken into consideration. Accordingly, you should consider how appropriate the advice is (or is not) to your objectives, financial situation and needs before acting on the advice. The information in this communication should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.Conflict of interest
TSI does and seeks to do business with companies featured in its articles and videos. As a result, investors should be aware that TSI may have a conflict of interest that could affect the objectivity of some articles or videos. Investors should consider TSI articles and videos as only a single factor in making any investment decision. The publishers also wish to disclose that they may hold stock in some companies featured in their articles and videos, and that any decision you make to purchase the stock of a company TSI profiles should be made only after you have initiated your own enquiries as to the validity of any information contained in those articles and videos.Publisher’s note
TSI will only initiate coverage of a company that passes our internal investment checklist. Once a company has passed this checklist, we will initiate coverage of that company and follow up with ongoing updates and commentary on its activities. Articles and videos produced and published by TSI are NOT Research Reports in terms of ASIC Regulatory Guide 79.
- Forums
- ASX - By Stock
- QOR
- News: Valuation update
News: Valuation update
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QOR (ASX) to my watchlist
|
|||||
Last
35.0¢ |
Change
-0.010(2.78%) |
Mkt cap ! $423.7M |
Open | High | Low | Value | Volume |
36.0¢ | 36.0¢ | 34.5¢ | $237.4K | 679.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14799 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 32055 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 26424 | 0.350 |
9 | 69869 | 0.345 |
5 | 27889 | 0.340 |
1 | 100000 | 0.335 |
1 | 592 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 18201 | 3 |
0.360 | 10668 | 4 |
0.365 | 219721 | 6 |
0.370 | 218400 | 6 |
0.375 | 160000 | 2 |
Last trade - 14.54pm 29/08/2024 (20 minute delay) ? |
Featured News
QOR (ASX) Chart |