Brief - Atcor Medical - Initial Coverage
This is a quick note alerting readers about initial coverage on Atcor has commenced. The coverage is done by Taylor Collison Sharebrokers and the report can be seen at Atcor's website.
The report is very thorough with a full DCF analysis as well as a good survey of competitors, both local and international markets, in which Atcor operates. (A DCF analysis estimates future year profits and brings it back to today's current value, hence giving a price for the company). According to the DCF, ACG is valued at $0.20-$0.27 and is currently very undervalued. Current price is just $0.05.
Have a look at the report - it is quite impressive in terms of amount of detail.
PS I own shares in ACG. My analysis on ACG is in this blog in Feb 2007.
Friday, March 14, 2008
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