4 Telecommunication Stocks – AV1, AYS, VOC And ZIP

4 Telecommunication Stocks – AV1, AYS, VOC And ZIP

With the positive news on resolving trade disputes between the US and China, the share market was poised to open higher. The ASX closed in green and companies took notice of this situation. Talking about the S&P/ASX 200 telecommunication services (sector) index, it stands at 1070.1 which is up by 6.3 points from its last close of 1063.8. Four telecom stocks on ASX worth mentioning are discussed here. [optin-monster-shortcode id=”swikrbu1d9j9aq0o4cko”]

ADVERITAS LIMITED (ASX: AV1) – The company has entered an MOU with SparkX Chinese digital marketing consultancy, under which SparkX intends to partner with TrafficGuard to protect their clients from ad fraud. The strategic partnership with SparkX facilitates TrafficGuard’s entry into the $76 billion Chinese digital advertising market. To assist them to grow their user base both domestically and internationally, SparkX works predominantly with Chinese app developers. To support this effort without the additional risk of fraud that usually accompanies such a strategy, using TrafficGuard, SparkX will be able to work with a wider variety of traffic sources. The stock price of the company traded flat at $0.115, and the market capitalization is of $16.73 million as at January 21, 2019.

AMAYSIM AUSTRALIA LIMITED (ASX: AYS) – On Tuesday 26 February 2019, the company will release its interim results for the 2019 financial year on pre-market open. Chief Executive and Managing Director Officer Peter O’Connell, and Chief Financial Officer Gareth Turner will announce these results. Compared with $326.7 million in the previous year, the statutory net revenue was a record $577.6 million in 2018 which is an increase of 77%. Compared with $43.5 million in the previous year, the underlying EBITDA was $47.8 million in 2018 which is an increase of 10%. The stock price of the company traded lower by 0.5% at $0.995, and the market capitalization is of $210.79 million as at January 21, 2019. The company has an EPS of 0.013 AUD and has a very high P/E of 76.920.

VOCUS GROUP LIMITED (ASX: VOC) – There is a change of interest in the company’s substantial holders from November 2018 to January 2019 with $16,811,339.61 and $37,554,764.00 and class and number of securities affected are 4,959,130 and 11,206,654. The company anticipates future growth after execution of the five-year extension of its current Mobile Virtual Network Operator agreement with Optus wholesale which includes future technologies and access to the Optus 5G network and a renegotiation. The stock price of the company traded higher by 1.262% at $3.210, and the market capitalization is of $1.97 billion as at January 21, 2019. The company has an EPS of 0.098 AUD and has a high P/E of 32.310.

ZIPTEL LIMITED (ASX: ZIP) – The company maintained its thin cost structure during the June 2018 quarter with a net cash outflow from the company’s operating activities of ~$127,000. The cash at the end of the quarter was $1.53M. The company banked its FY2017 claim of ~$430,238 during the previous quarter under the Australian Government’s Research and Development. The company again achieved its target cash usage rate of $30,000 to $40,000 per month as minimal costs were incurred during the quarter. The company prepares to ramp up marketing efforts for the Convo App. The stock price of the company traded higher by 16.667% at $0.014, and the market capitalization of $1.8 million as at January 21, 2019.


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