ST1 0.00% 4.1¢ spirit technology solutions ltd

Nice write up by the boat fund today in their monthly report! I...

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    Nice write up by the boat fund today in their monthly report!

    I have been taking anything below 3.2c! The coy has a bright future.

    Further  James Spencely corner-stoned the last capital raise (the founder and ex-CEO of Vocus Communications). His highly regarded in the teleco industry and if is on board, its a huge plus !

    Extract from their report:

    Based on analyst research and the Phone Names acquisition, ST1 is forecast to earn over $4 million in EBITDA in FY18. The company is currently capped at $30 million or 7.5x next year’s earnings. For a company growing at 20-30% pa organically for the next few years, this presents a significantly undervalued and compelling opportunity for investors. ST1 should continue to acquire smaller operators that are overlooked by the other larger listed Telcos due to their size.
 
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