100% agree - very rare you see a tech stock like this selling on a Forward PE of around 13 - 15.
Also no debt and plenty of cash. This stock is undervalued, has great fundamentals, a good track history, and has all the hallmarks to be a potential acquisition at under a market cap of $250m.
They are growing well and have proven the Zuji acquisition was a winner.
I bought in for $2.66 and am pretty content at this stage. I can see it running above the $3.50 mark in the not too distant future - however the Malaysian Airlines crash could send a ripple through any stocks in air travel in the shorter term.
WEB Price at posting:
$2.96 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)