One Media, subject to shareholder approval, raised gross proceeds of up to £6.0m in a VCT/EIS qualifying equity placing to support the launch of Harmony IP. We release a new FY21E forecast reflecting full deployment of capital and the subsequent superior revenue generation and margin profile. We believe One Media continues to trade at a discount relative to its peer group, our fair value per share analysis and DCF valuation. Buy
18 Aug 2020
Cenkos: One Media IP Group Plc -- Jazzing Up Conventional Concepts
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Cenkos: One Media IP Group Plc -- Jazzing Up Conventional Concepts
One Media iP Group PLC (OMIP:LON) | 4.1 0 2.5% | Mkt Cap: 9.12m
- Published:
18 Aug 2020 -
Author:
Cavendish Research -
Pages:
21
One Media, subject to shareholder approval, raised gross proceeds of up to £6.0m in a VCT/EIS qualifying equity placing to support the launch of Harmony IP. We release a new FY21E forecast reflecting full deployment of capital and the subsequent superior revenue generation and margin profile. We believe One Media continues to trade at a discount relative to its peer group, our fair value per share analysis and DCF valuation. Buy