By Anthony Porto
17 May 2021, 2:30 PM
The acquisition of non-auto marketplace Trader Interactive provides another growth angle for Carsales, who have shown ability to generate good returns from their larger International acquisitions.
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By Anthony Porto
07 May 2021, 5:00 PM
REA Group saw a continued rebound in domestic listings above expectations in Q3, offset by slightly increased cost growth and lower depth penetration.
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By Anthony Porto
03 May 2021, 3:30 PM
We initiate coverage of Airtasker (ART). We see the current share price as reflecting our base case, but note significant upside potential if ART can replicate domestic success internationally.
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By Belinda Moore
12 April 2021, 5:00 PM
Webject has raised A$250m through convertible notes. The net proceeds will be used to repayterm debt, fund potential acquisitions and for capital management and general corporate purposes.
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By Anthony Porto
19 March 2021, 4:00 PM
Large classified players remain on a HOLD, but we are starting to see value emerge and near term expectations look well supported for the Online and Emerging Technology sectors.
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By Anthony Porto
23 February 2021, 8:00 AM
Seek has reported a very strong 1H21 result, with market recovery coming quicker than expected. However, the announced sale of a stake in Zhaopin below our previously assumed value overshadowed this result.
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By Anthony Porto
07 February 2021, 4:00 PM
REA Group’s 1H21 result was a beat, with domestic cost containment and a surprisingly strong result from associate MOVE Inc being the key areas of surprise.
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By Anthony Porto
24 January 2021, 9:00 AM
Livehire has set a solid foundation to attack the North American direct sourcing opportunity. Despite still being in its infancy, early signs on the revenue trajectory are promising and outperforming our expectations.
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By Ivor Ries
09 April 2020, 11:20 AM
"I'm still happy to own both companies long term, and when the crisis is over, these stocks should run as hard if not harder than the market in general."
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By Ivor Ries
26 February 2020, 1:00 PM
SEEK has suspended formal earnings guidance as China’s coronavirus crisis makes revenue forecasting impossible. We maintain a REDUCE recommendation.
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