Australian Stock Report - Share Tips

Shares to buy: Superloop Limited (SLC)

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Publish date: Sun, 22 Oct 2017, 02:00 PM
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Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

Superloop is designing, constructing and operating new dark fibre networks throughout the Asia Pacific metro region. The company is building critical core infrastructure for wholesale carriers and global content providers who require infinitely scalable and reliable connectivity.

Whilst it takes time to build networks, and for a period it seemed investors had gotten ahead of themselves with respect to SLC, the company appears to be turning the corner.
The last 12 months have seen strong sales in Singapore, completion of the HK network, expansion of the Australian network, a bolstered sales team, and a track record of solid sales growth.

The stock, like the broader market; hasn’t really done much recently. Subsequently, we’re looking at a 12-month timeframe (at least) on this one. Price target: $3.00

The post Shares to buy: Superloop Limited (SLC) appeared first on Australian Stock Report.

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