SKO - Serko.com

[Oliver Mander]

Not a bad result considering the industry they operate in, that cap raise towards end of last year was good coincidence and at premium price too.

Agree with the last part - best timed capital raise in recent history, a BIG advantage for them right now.
But I'm not sure it would have been a great result anyway, even if Covid hadn't happened. If you add back the March month revenue to pre-Covid levels, you don't get a wonderful revenue growth figure for the year...certainly below my forecast expectations.

Ironically, Covid could be the 'saving grace' for them long term...it will have disrupted everyone, and they now have a great cash position thanks to that capital raise to manage their way through as competitors (potentially) fall by the wayside.

My 2 cents only of course.

[BlackPeter]

Except for virus impacts pretty solid performance Pity about that ‘ precipitous decline’ in March

When things come right Serko will do well

http://nzx-prod-s7fsd7f98s.s3-websit...124/325041.pdf

Hmm - $115,000 revenue per FTE and year is not that flash, isn't it? But then - they are a growth company, i.e. they just need to make sure revenue (and hopefully earnings) are growing faster than headcount. Would protect them as well from moving too fast into the difficult phase above 500 FTE's when companies need to tight up their processes or fall back.

Heard AIR is planning for a new normal (if & when we passed the Covid phase) in travel of 70% of previous traffic. Just wondering how this will impact on Serkos business?

I am sure they are an amazing company, but does today's share price really reflect a fair balance of risks and opportunities - or is this just based on "she'll be right"?

[sb9]

Anyone on conf call y'day following results announcement. Appreciate if you could summarise key points, couldn't dial in myself due to prior commitments. Will check if there's a transcript available from their website later on.

[sb9]

Anyone on conf call y'day following results announcement. Appreciate if you could summarise key points, couldn't dial in myself due to prior commitments. Will check if there's a transcript available from their website later on.

https://publish.viostream.com/play/ndpapddnhkstaq

Link to y'day's conf call transcript for anyone interested.

[silu]

Does Serko have a pivot strategy? I still am a big fan of Serko but have sold all my shares a while ago. Amazing how well the share price has held up with news likes these:

https://www.abc.net.au/news/2020-06-...-slow/12391042
"That means Joyce is expecting Australia's international border to remain closed, at least for tourists, until July next year."

[sb9]

Does Serko have a pivot strategy? I still am a big fan of Serko but have sold all my shares a while ago. Amazing how well the share price has held up with news likes these:

https://www.abc.net.au/news/2020-06-...-slow/12391042
"That means Joyce is expecting Australia's international border to remain closed, at least for tourists, until July next year."

The Q+A at the end of presentation in the link I posted will have some of your questions answered.

[Everwood]

Yesterday on NewstalkZB Heather du Plessis-Allan interviewed Darrin Grafton
https://www.newstalkzb.co.nz/on-air/...channel=fbp-97

[sb9]

Moving along with their business...

Ovation Travel Group becomes the latest Zeno reseller partner for North America - 5 Aug 20

https://www.serko.com/news/ovation-t...seller-partner


Acendas Travel becomes a Zeno reseller partner for North America - 23 Jul 20

https://www.serko.com/news/serko-and...ement-for-zeno

[Leftfield]

Moving along with their business...

Ovation Travel Group becomes the latest Zeno reseller partner for North America - 5 Aug 20

https://www.serko.com/news/ovation-t...seller-partner


Acendas Travel becomes a Zeno reseller partner for North America - 23 Jul 20

https://www.serko.com/news/serko-and...ement-for-zeno

Mmmm lots of head winds in the travel industry..... TA not looking great. AGM scheduled for 19 Aug going to be interesting.

Disc - SKO was my second largest holding however over the last 6 months I've reduced exposure and taken profits. Now less than 2% of my portfolio. Cautious hold for me.

As always DYOR.

[sb9]

Mmmm lots of head winds in the travel industry..... TA not looking great. AGM scheduled for 19 Aug going to be interesting.

Disc - SKO was my second largest holding however over the last 6 months I've reduced exposure and taken profits. Now less than 2% of my portfolio. Cautious hold for me.

As always DYOR.

It'll be interesting what unfolds on 19th Aug at the ASM. They sure have headwinds in the travel sector but they seem to adeptly navigating the ship by diversifying into other areas leveraging their SAAS expertise. Still have all of my holdings.