Tag: ASX:LNK

Link Administration Holdings is now under Algo Engine buy conditions and we view $4.80 as an attractive price to begin accumulating the stock.

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to its announcement dated 7 December 2020 advising that it had received a conditional, non-binding indicative proposal from SS&C Technology Holdings (SS&C) to acquire 100% of the shares in Link Group
(SS&C Proposal).

On 3 January 2021, Link Group received a letter from SS&C stating it has withdrawn its SS&C
Proposal.

The Link Group Board will continue to consider all alternatives to maximise value for shareholders. As previously announced, this includes a potential separation by way of demerger of Link Group’s interest in Torrens Group Holdings (TGH) (and its core asset, PEXA).

Link Group will also explore a trade sale of its interest in TGH from 18 January 2021.

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to its announcement dated 7 December 2020 advising that it had received a conditional, non-binding indicative proposal from SS&C Technology Holdings (SS&C) to acquire 100% of the shares in Link Group
(SS&C Proposal).

On 3 January 2021, Link Group received a letter from SS&C stating it has withdrawn its SS&C
Proposal.

The Link Group Board will continue to consider all alternatives to maximise value for shareholders. As previously announced, this includes a potential separation by way of demerger of Link Group’s interest in Torrens Group Holdings (TGH) (and its core asset, PEXA).

Link Group will also explore a trade sale of its interest in TGH from 18 January 2021.

Link Administration has attractive long-term fundamentals and is likely to deliver consistent high single digit earnings growth.

At present, the market is failing to look through the shorter-term impacts from changes to recent superannuation legislation. Should broad market weakness force a retest of the $7.00 price range, we’d consider this a good entry level.

Link

Following the recent sell-off in Link, the stock has found support near the $7.00 range.

We feel Link provides good upside potential and recommend accumulating the stock with a stop-loss below $6.90.

Link Holdings

Link Administration has been sold off following the Federal Budget measures aimed at increasing consolidation of inactive super accounts.

Although the announcement now creates a headwind for Link from FY20, we consider the stock “oversold”.

We suggest investors can accumulate Link at or near $7.00 support.

Link

Our Algo Engine triggered a buy signal in Link Holdings (LNK) into yesterday’s ASX close at $8.00.

We consider LNK an attractive long-term investment opportunity and we’ve added the stock to our watch list.

Buy Link on a price retracement below $8.00

We recommend buying Link Holdings and placing a stop- loss below the recent $8.25 support level.

Link goes ex-div $0.07 on the 27th of March.