External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

External broker reports(aggregated public sources)

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

RAS Technology Holdings  / Equity Bottom-Up

<ul><li>We initiate coverage on RAS Technology Holdings (RTH) with a BUY recommendation and $1.66/sh PT. </li><li>RTH has a demonstrable performance (~doubled  revenues since listing late -2021), is led by a prudent, founder-led management team, is profitable, has multiple avenues profitable to drive medium-term growth, and is undervalued versus ASX tech peers and our existing coverage universe.</li><li>RTH is a global provider of a premium data and enhanced content, with long-standing relationships to a geopolitically diverse customer base of racing bodies, wagering operators and media organisations across Australia, the UK, the US, Europe and Asia - including major bookmakers, (ie. Tabcorp, Entain, Flutter), and key new entrants (ie. Stake.com).</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We initiate coverage on RAS Technology Holdings (RTH) with a BUY recommendation and $1.66/sh PT. RTH has a demonstrable performance (~doubled  revenues since listing late -2021), is led by a prudent, founder-led management team, is profitable, has multiple avenues profitable to drive medium-term growth, and is undervalued versus ASX tech peers and our existing coverage universe.RTH is a global provider of a premium data and enhanced content, with long-standing relationships to a geopolitically diverse customer base of racing bodies, wagering operators and media organisations across Australia, the UK, the US, Europe and Asia - including major bookmakers, (ie. Tabcorp, Entain, Flutter), and key new entrants (ie. Stake.com).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

RAS Technology Holdings - Undervalued Global Leader - Initiate at BUY

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

<ul><li>Racing and Sports provides data, content, and SaaS solutions to global racing and wagering industries</li><li>Despite challenges post-IPO, such as founders selling stakes and market volatility, RAS shows solid execution and progress towards profitability</li><li>Considered undervalued by investors due to strong business model and impressive financial metrics, RAS remains promising in sports wagering industry</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Racing and Sports provides data, content, and SaaS solutions to global racing and wagering industriesDespite challenges post-IPO, such as founders selling stakes and market volatility, RAS shows solid execution and progress towards profitabilityConsidered undervalued by investors due to strong business model and impressive financial metrics, RAS remains promising in sports wagering industryThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Ras Technology Holdings Ltd (RTH) - Friday, Feb 23, 2024

Australia

RAS Technology Holdings Limited operates as a holding company. The Company, through its subsidiaries, provides interactive racing technology. RAS Technology Holdings serves customers in Australia.

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RAS Technology Holdings (RTH AU)

RAS Technology Holdings - Undervalued Global Leader - Initiate at BUY

We initiate coverage on RAS Technology Holdings (RTH) with a BUY recommendation and $1.66/sh PT. RTH has a demonstrable performance (~doubled ...

Ord Minnett

Ras Technology Holdings Ltd (RTH) - Friday, Feb 23, 2024

Despite challenges post-IPO, such as founders selling stakes and market volatility, RAS shows solid execution and progress towards profitability

Value Investors Club

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