TagMaster: Solid Value Case
Research Update
2020-05-19
07:20
Redeye maintains its view of TagMaster following the Q1 report. The impact of the Corona crisis in the quarter was smaller than expected, although we keep our expectations of a more difficult Q2 and Q3’20. Even though the IFRS adoption in the quarter did not play out exactly as we expected, we continue to consider TagMaster as a solid value case with an upside of around 100%.
EM
Erika Madebrink
Disclosures and disclaimers