@Psalty - g'day!!
Thanks very much for posting this on what was another pretty tough day for micro caps.
It was interesting to hear both Michael Wayne's (Medallian Financial) and Andrew Page's (Strw/man) views on 3DP.
Andrew tends to be very informative on a number of micro caps, and he seems to love "the ride" that micro caps can give an investor
Andrew in particular knows a lot about the Pointerra business, and interestingly he has held 3DP since 2019, he sold his holdings (some too cheaply & some for a good price), and now he has bought back in.
These are not his exact words, but some of the points he broadly made about 3DP were:
Fascinating business.
They are genuine world leaders - albeit in a niche industry that is rapidly evolving.
The business has huge ability to scale.
They are well placed to take advantage of a structural change towards a large number of industries using a lot more 3D data.
The transition to sell a more "mainstream" product can occur rapidly - and the example he gave was ProMedicus growing extremely rapidly (when medical imaging became "mainstream" very quickly).
At around 65 x last years reported revenue (around $4m revenue for year ended 30 June 2021) , 3DP is definitely not cheap using those parameters.
But Andrew can see them reaching $50m in revenue by 2025.
Thinks the MD Ian Olsen is very down to earth, and he has operational strengths.
Also thinks Ian is very cost disciplined - not spending huge $ just to grow quickly.
ACV up over 240% in the past 12 months - so they are already growing quickly.
Overall, he think 3DP is very hard to value - but he rates them a BUY.
Was great to hear him discuss this business - as he really knows his stuff (when talking micro caps) IMO.
- Forums
- ASX - By Stock
- Presentations/Webinars/Podcasts/Media
@Psalty - g'day!! Thanks very much for posting this on what was...
-
- There are more pages in this discussion • 1,085 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 3DP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.66M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $3.535K | 66.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 63173 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 1101339 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 63173 | 0.052 |
2 | 104905 | 0.051 |
8 | 695100 | 0.050 |
4 | 77016 | 0.049 |
9 | 719968 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 1101339 | 3 |
0.055 | 54372 | 4 |
0.057 | 100000 | 1 |
0.059 | 534352 | 3 |
0.060 | 42214 | 3 |
Last trade - 15.00pm 18/10/2024 (20 minute delay) ? |
Featured News
3DP (ASX) Chart |