The Advisors at Emerald Financial recently released a Speculative Buy report on Crowd Media (ASX: CM8).
The Company has benefited from the growth in online-specific retail, something that has thrived through the COVID-19 pandemic due to isolation restrictions. Just look at a few of the more well-known ASX-listed retail companies that sell solely online have thrived due to this change in attitudes;
Kogan.com (ASX:KGN) went from $4 to $15 – 275% gain
Temple & Webster (ASX: TPW) went from $1.55 to $6.20 – 300% gain
Why will this likely continue? People value ease-of-use, cost, convenience, and variety. Something brick-and-mortar retailers simply can’t match.
Crowd Media have a unique strategy that allows them to combine this growth areas with another – influencer marketing. An area no other ASX-listed company specialises in.
Key highlights in the report include:
*Owners of this website are CM8 shareholders
**CM8 has engaged Principal IR on retainer to assist with Investor Communications
Alfred Chan is a Director of Principal Investor Relations (Principal) (ABN: 51 633 750 928) and an Authorised Representative of Emerald Financial Group ABN 85 106 823 741 which holds Australian Financial Services License number 241041.
Any advice contained in this presentation is general advice and does not consider your objectives, financial situation or needs, and you should consider whether it’s appropriate for you. The information we are giving you is for educational purposes only.
“Investing is about understanding your risk” and every time you invest in the share market there is a risk of loss. If you are thinking about acquiring a financial product, you should consult our Financial Services Guide (FSG) at www.emeraldfinancial.com.au and the relevant Product Disclosure Statement first.
Please note past performance is not a reliable indicator of future performance.
All Figures in this report were correct as of 29th June 2020.
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