Fundamentals looking strong. Highlights as follows:
- Net Operating Cash Flow circa $33.7m FY17
- Insider buying following recent sell off
- Management have resolved the issues with King Content and written off those assets
- Stable, consistent revenue streams
- P/E approx. 14.5X
- Dividend yield approx. 4.75%
- Still market leader in media intelligence sector with wide economic moat
- Management refocus on core business
Directors are clearly optimistic as insider buying has been significant. I decided to buy in recently following the sell off.
