I agree - way oversold.
Class is a very strong business with great cashflow, no debt, high retention rates, a strong and experienced development team, and has a terrific product/solution.
IMO Class's future is very bright and I am confident that Class's highly experienced BOD's will ensure the new CEO they appoint will be have the vision and capabilities to leverage these strengths.
Again IMO - The business sits in a terrific position for fully capitalise in on its unique market position, servicing both the Accounting and FP market places, offering non-conflicted market leading solutions - highly relevant in light of the recent Royal Commision findings. If anything it is spoilt for choice as to where it focuses its attention next - apart from continuing to run and grow its already succesful operations.
Interesting times and at these prices it's definitely a steal, as has been evidenced by the further accumulation of some asset managers recently.
- Forums
- ASX - By Stock
- Concern about 10% SP drop
I agree - way oversold. Class is a very strong business with...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)