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10,919 Posts.
217
11/10/13
21:24
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Just wondering if you guys would be interested in a business with a nascent cloud service.
Mainly services gov, semi gov, universities and utilities . over 800 of them, personally use there product and love it.
170mil in revenue, has doubled in size ever 4 years since listing in 1987. 60% of revenue is from existing customers, license fees and such.
Has paid a nice divi since 1996, has a return on equity of 32% and growing, plows about 20% of revenue back into R&D ever year and expenses it.
No debt to speak of, 50 mil in cash on hand.
Hardly a trader more like something for the super fund, a lifetime chart of the stock pretty much is a line from bottom left to top right
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