NCL 3.03% 16.0¢ netccentric limited

Ann: Netccentric Delivers Full-Year Growth in Revenue and Profit, page-2

  1. 3,882 Posts.
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    Very decent growth,

    What's important to note is that the growth in FY2020 was substantially driven by its core influencer marketing business in Malaysia, Nuffnang Malaysia. However, the real revenue and profits for this co will come from Nuffnang Live (Commerce Platform) which will be launched before end of March, as it will "generate revenue in FY2021 with sustainable and scalable growth for the Group."

    - Nuffnang Live has "one of the largest influencer community reach in Malaysia (by revenue) and has one of the most
    comprehensive networks of some 13,000 celebrities, personalities and content creators across all levels
    of society and diversity"

    IMHO, this is just a start for the company. With further acquisitions looking ahead, "Netccentric is actively exploring a number of strategic M&A opportunities which offer potential to accelerate the Group's growth trajectory," I cant see why shareholders will be rewarded with some significant gains in the SP. Not only this co has an amazing growth story, but also has the management to execute it and are already profitable!

    All the best,

    Last edited by dazatoN: 23/02/21
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