Greencross (GXL) | Josh Kannourakis | We maintain our BUY recommendation on GXL post the proposed transaction with City Farmers
Greencross (GXL) | Josh Kannourakis | We maintain our BUY recommendation on GXL post the proposed transaction with City Farmers. Our target price has increased to $10.60 (prev. $9.60) post material upgrades to earnings. The stock is by no means cheap on absolute metrics, however we believe the long-term sustainable growth pipeline, leading market positioning post-acquisition and quality of management justify its significant premium to its domestic and international peers. (VIEW LINK)
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Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...
Expertise
Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...
Expertise
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