It’s not often you hear about a stock that appears to be flying totally under the radar but that’s what Simon Shields and the team at Monash Investors has found. This $250 million market cap company is not yet in the ASX300 and is only covered by a single broker. Despite this, it’s set to earn $25 million in 2020, putting it on a PE of 10, and it holds $50 million of net cash.
“What we’ve got here is a company that’s got revenue growth of about 40% per annum going into 2020, and it’s trading on a PE of 10… It’s just an overlooked stock.”
Find out which up-and-coming Australian company has caught his eye by watching the full video in the player below.
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Well spotted but already taken-off
Could you please provide Code for Electro Optic Systems Company. Can we buy this stock on the ASX? Thanks. Shernavaz.
Shernavaz - the code is EOS, and it is ASX listed. Please ensure you do your own research and/or get professional advice before making any investment decisions - this video is not a recommendation to buy or sell any securities.
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