as the original savvy investor i feel obliged to weigh in:
great fundamentals and plenty of room for organic growth via yet to be realised synergies and increased nbn share and corporate customer growth
already achieved 26% eps growth in last results (fully diluted)
long term growth through the recent international cable project etc
solid dividends and balance sheet
not just my opinion:
- ft markets has median 5.10 12mo target
- morningstar (notoriously conservative) recently valued it at 7.00
- several motley fool analysts rate it highly
- macquarie has recently placed a 5.30 target
not everyone shares the positive outlook, but vocus is my favourite telco at current prices so im accumulating. will drop a little ex divi which will trigger a few silly trailing stops and panic sells, but then will start the march back up towards 5.00 if the market holds itself together.
VOC Price at posting:
$4.30 Sentiment: Buy Disclosure: Held
