Trade Me Investor Day Provides Revenue Growth Reassurance; FVE Increased to NZD 4.60
Narrow-moat-rated Trade Me’s first ever investor day provided a comprehensive review of the business, including access to senior executives and a whopping 136-page slide deck. Our key takeaway is that the revenue growth outlook and addressable markets for Trade Me’s online classified advertising businesses, including property, employment, and automotive, are larger than we previously assumed, and we have increased our revenue growth forecasts accordingly. We’ve also slightly lowered our revenue ...Trade Me Group is a online marketplace and classified advertising platform that is engaged in the auctions and fixed price sales for new and used goods, as well as automotive, real estate and employment businesses. Co. is also engaged in the web businesses for accommodation, dating and group buying.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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