
22 Mar 2019
Zoo - Pricing out streaming
Zoo Digital’s 51% share price decline YTD presents a compelling opportunity, in our view, for two reasons: (1) our analysis suggests Zoo’s current valuation implies an implausible 30% cut to revenues –equivalent to the group losing its largest streaming customer; and (2) we view Apple’s upcoming press event (Cupertino, 25 March) and the NAB conference (Las Vegas, 8-11 April) as key catalysts. We continue to believe Zoo is well-positioned to capitalise on the increasing demand for localisation se ....

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Zoo - Pricing out streaming
ZOO Digital Group plc (ZOO:LON) | 13.8 0 0.0% | Mkt Cap: 13.5m
- Published:
22 Mar 2019 -
Author:
Kartik Swaminathan -
Pages:
8 -
Zoo Digital’s 51% share price decline YTD presents a compelling opportunity, in our view, for two reasons: (1) our analysis suggests Zoo’s current valuation implies an implausible 30% cut to revenues –equivalent to the group losing its largest streaming customer; and (2) we view Apple’s upcoming press event (Cupertino, 25 March) and the NAB conference (Las Vegas, 8-11 April) as key catalysts. We continue to believe Zoo is well-positioned to capitalise on the increasing demand for localisation se ....