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$4.83 elmo software limited

and the run and fun continues! I couldnt' get in at the IPO but...

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12/01/18

11:20

Post #: 30252107
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and the run and fun continues! I couldnt' get in at the IPO but have used their services before and it is a great company with really well priced products! Price movement is way exceeding my expectations.......

Originally posted by Glenn_Archer ↑

Well this one is exceeding expectations! Great run-up and poking @ +$5.00 as there is limited stock.

Market has appreciated efficient efforts by management to deploy capital raised in bolt-on acquisitions that support the existing pay-roll software. It has also grown the customer base, potentially allowing for cross-selling opportunities.

But throwing up some hefty valuations now given earnings are more a +2019 story.

Still very much under the radar despite being up nearly 100% in 3-4 mths!

Thoughts?

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ELO Price at posting: $5.50 Sentiment: Hold Disclosure: Held
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0 Great analysis

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