With the full year numbers confirmed, we focus on the diversity of the earnings stream and by adopting a sum-of-the-parts methodology to reflect their different characteristics we determine a fair value of 250p. This is substantially ahead of the current share price. With clients requiring ‘connected office’ software, RedstoneConnect is now generating sustainable revenues from a wide client base and from numerous sources e.g. SaaS, licence fees, consultancy, one-off and recurring

26 Jan 2018
Justifying the 250p price target

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Justifying the 250p price target
- Published:
26 Jan 2018 -
Author:
Andy Smith -
Pages:
10 -
With the full year numbers confirmed, we focus on the diversity of the earnings stream and by adopting a sum-of-the-parts methodology to reflect their different characteristics we determine a fair value of 250p. This is substantially ahead of the current share price. With clients requiring ‘connected office’ software, RedstoneConnect is now generating sustainable revenues from a wide client base and from numerous sources e.g. SaaS, licence fees, consultancy, one-off and recurring