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3 comment(s). Last comment by Flintstones 2014-09-09 09:01
Posted by JT Yeo > 2014-09-03 11:49 | Report Abuse
Hm yea if selling the stakes to parent co it will make sense. Share prices of iProperty and iCar are richly valued in Australia here so REV is sort of an undervalued proxy to invest. I was monitoring the competition between Carlist and other car ads website and see if it can gain substantial lead/market share from other sites. Sadly if they sell their stakes, there will be no game to play lol
Posted by Flintstones > 2014-09-09 09:01 | Report Abuse
Dear Crecimento, I must say you are something
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by JT Yeo > 2014-09-03 07:13 | Report Abuse
REV may or may not dispose their stakes. 1. It would be a little foolish to dispose given that like you say, the potential of iCar to become the next Jobstreet in car sector. 2. REV and iCar are both under the same founder Patrick Grove. Personally I like their stakes in iCar, their digital media business doesn't sound as attractive.