ASX:STG
Straker Ltd
Investment Summary
The fund managers believe that Straker Ltd (STG) is demonstrating strong share price performance driven by its transition to the human verification of AI output model (Verify.ai). They have noted upcoming product releases, specifically the Swiftbridge for the Japanese stock market, with updates expected in early 2025. In their opinion, despite facing legacy revenue headwinds, the pivot to AI presents significant long-term potential for the company. Moreover, the fund managers emphasize that STG continues to show solid valuation upside as a free cash flow-generating entity, funding research and development for future industry solutions.
Commentary From The Managers
Clime
31 Jan 2025
$0.60
- Clime remains optimistic about Straker Limited (STG.ASX) due to strong returns this month.
- Performance was boosted by optimism surrounding the AI-driven Verify platform.
- There is anticipated growth with the rollout of Swiftbridge in the Japanese fintech market.
- Despite legacy revenue headwinds, Clime believes Straker’s pivot to AI presents significant long-term potential.
Clime
31 Dec 2024
$0.57
- STG saw strong share price performance during December.
- The transition from its legacy translations business to its human verification of AI output model (Verify.ai) is showing early positive signs.
- Upcoming product releases include Swiftbridge for the Japanese stock market, with updates expected early in the 2025 calendar year.
- Clime believes STG continues to present solid valuation upside.
- The company has a free cash flow generating business that funds research and development (R&D) for the next evolution of industry solutions.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.