Q: Hi Peter
it was one of the top picks on market call BNN 1-2 weeks ago
it has Pulled Back alot
likely the Strait of H is opend
looking for an entry point for a partial position
for some dividends and a 3 years hold
what is a decent price for entry?
if there is an alternative or comparable name, please
educate us
many thanks
Michael
it was one of the top picks on market call BNN 1-2 weeks ago
it has Pulled Back alot
likely the Strait of H is opend
looking for an entry point for a partial position
for some dividends and a 3 years hold
what is a decent price for entry?
if there is an alternative or comparable name, please
educate us
many thanks
Michael
5i Research Answer:
Shares are cheap and good growth is expected this year but revenues are likely to be volatile and prior to 2026, revenue growth has been negative for four years straight. We would be cautious with the name on a single year of growth, as it might revert back to the declines going forward. The valuation at 8x helps with this risk but we would prefer somthing that has a bit more of a proven and sustainable growth path.