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Thread: RAK Rakon

  1. #1681
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    Quote Originally Posted by Nevl View Post
    Well more positive news. Is RAK about to get close to the $1 mark?
    Not sure but I thought the movement up today was surprisingly small. Allowing for tax at 28% and no change in interest, depreciation or amortisation, the upgrade was a net surplus estimate increase of somewhere between $1.4m and $4.3m. The mid-point is $2.9m. The mid-point represents an EPS increase of 1.3c, but the daily movement was only 3c.

    This indicates either the market was already guessing a result above guidance, doesn't believe the new guidance, expects any increase in earnings to only last a few years, or hasn't fully factored in the change from under-performance to earnings growing strongly. Here's hoping its the last of these possibilities.

  2. #1682
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    “According to a WSJ article sourcing Jay Ritter, the median revenue multiple for a US tech company on its first day post-IPO in 2020 was 23.9x versus a typical 6x for most of the period post the Nasdaq bubble from 2001-2019.” (NBR Margin Call 13/1/21)

    Rakon Revenue for year end 31/3/2021say 120m
    Rakon market cap @ 75cps $171m
    Rakon current revenue multiple 1.4 times

    Go figure

  3. #1683
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Wai Wai View Post
    “According to a WSJ article sourcing Jay Ritter, the median revenue multiple for a US tech company on its first day post-IPO in 2020 was 23.9x versus a typical 6x for most of the period post the Nasdaq bubble from 2001-2019.” (NBR Margin Call 13/1/21)

    Rakon Revenue for year end 31/3/2021say 120m
    Rakon market cap @ 75cps $171m
    Rakon current revenue multiple 1.4 times

    Go figure
    Such a huge revenue multiple make only sense if the market bakes a huge amount of consistent growth into the equation.

    Just remind us - by how much did Rakon grow over the last say 10 or 15 years?

    See ...
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #1684
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    Took a modest punt on the dips last week, let's see how it plays out.

  5. #1685
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    Surely, one or two funds on accumulation mode here. Was interesting to watch closing auction today.

  6. #1686
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    More very positive news.....


    Rakon Secures Significant Orders


    12/2/2021, 8:37 amMKTUPDTE12 February 2021

    Rakon Secures Significant Orders

    The Rakon Limited Board of Directors is pleased to advise that Rakon has secured several significant orders from new and existing customers including a material order from a new multi-national customer. Rakon expects to deliver the majority of these orders in FY2022, with the balance in FY2023. Indicatively, Rakon expects that these orders will increase its revenue in FY2022 by at least 20% from FY2021.

    To produce and deliver the volumes in these orders requires an increase in capacity at Rakon’s New Zealand operations. In addition to sourcing materials for the products, Rakon is investing in equipment for additional manufacturing and testing capability, and hiring extra technicians, operators and engineers to meet the demand.

    These orders are not expected to impact Rakon’s financial performance for FY2021 and Rakon confirms its current guidance for FY2021 of Underlying EBITDA1 of between NZ$20 million and NZ$22 million.

    After Rakon has completed its business planning and budgeting for FY2022, including these new orders and associated additional revenue and costs, Rakon expects to provide earnings guidance for FY2022 by the end of March 2021.

    The increased business activity involved with these orders will require Rakon to manage heightened risks, including relating to its supply chain and operations, as well as the continuing risks from the ongoing COVID-19 pandemic and geopolitical issues.

    As 5G networks continue to roll out globally and TCXO shortages, resulting from a factory fire at Asahei Kasei Microdevices (AKM) in Japan, persist, as well as a consumer device boom, Rakon has been able to capitalise on what was already a constrained TCXO market across a range of applications in both existing and new sectors. Rakon also sees significant growth in fibre networks worldwide resulting in unprecedented demand for its Mercury OCXOs.
    -Ends-

  7. #1687
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    Could see sp surpassing a buck in the near term on back of that announcement. If they play their cards right they've great potential ahead....

  8. #1688

  9. #1689
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    That’s a nice little announcement... happy holding.

  10. #1690
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    Putting on some nice strides with decent volume on daily basis, 88c cleaned out today looking on course for buck soon me reckons.

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