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Short Term Trading Weekend Lounge: 2 - 4 Oct, page-68

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Dmcosta06

7 Posts.

05/10/20

23:25

Post #: 47868112
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Originally posted by UmiTrader: ↑

STTCOMP VR1 FA LONG
Share Price: 13c
Cash On Hand: $9m
Market Cap: $119m (incl. latest raising)

Italian software company with ASX listing and global operations really.

The potential here is an ALU type sales and share price trajectory, in the Computer Aided Design (CAD) space with Augmented Reality and Virtual Reality capabilities for any industrial design. The client list is already impressive and investors were clamouring to participate in the latest capital raising.

Sales growth 2018-2020 157% CAGR and this may well continue for a long time as the company grows.

This is high risk, high return proposition since the share price has tripled in short time, but if you calculate what sales to expect in a few years time and apply an ALU multiple to that (say 20x) then you get a much higher share price. So, expect volatility, but that's what this forum is about right? Good luck, I have a half position in this one in case there is a pull-back towards the 9c capital raising price I can buy more. My base case though is for the share price to just keep going up. It is unusual to find such a quality small cap in ASX land.

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@UmiTrader

Did you know the Facebook announcement was coming?

Great tip!
1 Upvote

0 Great analysis

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