[New post] CIMB: OneConnect Financial Tech

alanyeo posted: " Initiate with Add; sailing amid rocky waters■ Initiate with Add and DCF-based TP of US$8.90. We see OneConnect as akey beneficiary of ramp-up in technological spend, especially by small banks.■ We estimate this to drive FY20-FY25F revenues by a 31% CAGR " Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: OneConnect Financial Tech by alanyeo Initiate with Add; sailing amid rocky waters■ Initiate with Add and DCF-based TP of US$8.90. We see OneConnect as akey beneficiary of ramp-up in technological spend, especially by small banks.■ We estimate this to drive FY20-FY25F revenues by a 31% CAGR (Fig 11), bybenchmarking against local and global banks' technology spending (Fig 8).■ We believe […] Read more of this post alanyeo | August 16, 2021 at 12:00 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2Z9 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/16/cimb-oneconnect-financial-tech/ Thanks for flying with WordPress.com