Hi, everyone. If you are following PTG, you may find it interesting to know that Henslow has initiated coverage of PropTech Group. Henslow describes itself as an independent advisory firm with global reach.
This means Henslow has decided that PTG is worthy of coverage and Henslow analysts have spent time researching the company and writing up a report. That's attention that very few small caps get these days.
I'm not permitted to share their report here, but I believe Henslow would allow me to share it with you if you contact me directly via email at dave.platter at proptechgroup dot io.
You'll take your own conclusions from their report. One line I think is important is this one: "PTG trades on a 2.4x FY22F EV/Rev multiple, a 71% discount to peers, offering bothvalue and growth potential."
That's it from me. May the markets be kind to you. - dave
PTG Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
