This is the 2nd undervalued stock I bought today - I think it is...

This is the 2nd undervalued stock I bought today - I think it is also another hidden gem.

Reasons WHY I like it and think it is undervalued and a great buy are the following-

* OTL is currently only market capped at $32mil.

* They are already extremely profitable and this year are expecting $5.5mil NPAT which would put it on an extremely low P/E.

* They are currently half way through a 10% buyback and the board has asked the shareholders to vote to buyback another 10% of the stock which would be a fantastic result for shareholders.

* They have key growing businesses in the Oz, UK, Irish & Spanish markets.

* They are currently paying a fully franked 1.2c divy which is great and will continue to grow I believe.

* They are well led by an extremely good Board of Directors.

* They have a lot of money in the bank.

* They could be a takeover target in the near future.

I really like OTL and I think it is onto something good. In my opinion it is a great growing company which is highly undervalued at present. Do some of your own research on this one and I'm sure you'll come to the same conclusion. Anyone else a BIG fan of this hidden gem OTL???