Tuesday, March 10, 2015

Awox: An analyst notes awakens the title – Echoes (Blog)

The sleeping beauty she would be awake? The title of this company, which became known with innovative devices include a light bulb offering sound and light, Striimlight, jumped 6.5% in mid-day to 10.38 euros, after peaking at € 12.40 in the morning. This increase allows under reduced its loss to 12% from 1 st in January, but it is still insufficient for it to 19.38 euro rallies that prevailed during his IPO there is less than a year, in April 2014.

Behind this progress, there is a note of Gilbert Dupont cabinet. The analyst Alexander Koller following the record AWOX, thanks to its “ influential position within the market [certification of objects connected DLNA], its technological lead and now weakened competition on outsourced licenses DLNA, is well positioned to show sustained growth over the coming years . “He expects a doubling of sales in 2015, from 7.5 million to 15.1 million euros, followed by an increase of almost 40% in 2016 to 21,100,000.

The momentum will be sustained by expanding the range of connected objects (14 at the end of 2014, 15 new products in 2015), the rise in power of co-branding from 2016 and international deployment. Not to mention the French contribution Cabasse, a renowned acoustic high-end speakers, fell into the purse Awox last September. “ The synergies between the two groups and the development of the activity accredit our scenario of a return to profitability from 2016 to Cabasse ,” says the analyst of Gilbert Dupont initiates in Following the monitoring value with a purchase advice and a target price of 12.50 euros, representing a potential upside almost 19% due to the progression of the title Tuesday. Note however qu’AwoX told at the beginning of February a liquidity contract with the brokerage firm for a period of one year.

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