ASX Professional Service Leaders - November 2019
Australia's leading Professional Services providers have a strong thread of software services complimenting business solutions. CV Check (CV1), the online platform with a range of checks useful to employers, industry associations and individuals that has been Operating for more than a decade. is up 36% Announced record Q1 FY20 with $2.6m. B2B revenue, up 24% PCP. Now offering a white-labeled solution CSG (CSV), has a 30-year history of providing print business technology to A-NZ with in-house equipment financing for SMEs. is up 32% after Fujj Xero announced they to acquire CSG for $0.31 per share; being 35.4% premium to 1 month VWAP, or less than a quarter of the share price in 2016 - this proposal is fully approved by the board. Serko (SKO), the online travel booking and expense management business, being a 2018 IPO, is up 23% Serko completed NZ $56m placement; $40m new capital, $16m directors and employees selling down the remainder. Bookings Holdings took up 4.7% of the company with an SPP being offered to existing share holders to round out the placement. The other toper performers are Rent.com.au (RNT), Crowd Media (CM8) and Codan (CDA).