Professional
Added to YB: 2023-12-18
Pitch date: 2023-12-18
WCG.AX [bullish]
Webcentral Group Limited
-2%
current return
Author Info
ToffCap are full-time fund managers finding undervalued opportunities and a reason why the price should (start to) move in the right direction. Sign up for their newsletter.
Company Info
As of November 12, 2021, Webcentral Group Limited was acquired by 5G Networks Limited. Webcentral Group Limited provides digital services for small and medium businesses in Australia and New Zealand.
Market Cap
AUD 80.2M
Pitch Price
AUD 0.25
Price Target
0.45 (+84%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-0.80
EV/Sales
N/A
Sector
IT Services
Category
special_situation
WCG.AX is undervalued
WCG.AX: Sold core biz, mkt undervalues SOTP at ~28c vs potential 45c+/shr. Catalyst: 10% buyback post Domain sale close 12/20, begins 12/22. h/t @TheRealDavey2 @ClarkSquareCap for idea & write-up.
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