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Infomedia (ASX:IFM) - high quality business suffering from short term uncertainty

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Livewire Markets

Tim Kelley, Portfolio Manager of The Montgomery Fund believes Informedia (ASX:IFM) is a high quality business with an undervalued share price that is presenting investors with an opportunity. The recent share price fall has been driven by uncertainty over short term factors as the company heads towards an AGM where investors will be asked to choose between the existing board and potentially a new board lead by the co-founder and the former CFO. Despite all of this Kelley asserts that "long term its the sort of business that doesn't necessarily need to be brilliantly managed and so long term we think the earnings will be there and the value will be there." Investors should watch the video below for a full review of Infomedia.


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