ISD has an impressive client base (New CEO describes 'enviable customer base'):
Microsoft, Yahoo!, Sumsung, SAP, IBM, VISA, 3M, Lenovo, L'Oreal, Audi, Nike, P&G, Canon, Domain, HSBC, NAB, ANZ, Macquarie, Nikon, Rabobank, Seek, Starbucks, Reuters, W Disney ... 3,400 clients.
ISD services 87% of the companies in the S&P/ASX 100 Index according to the Prospectus.
I think ISD has some similarities as another ASX tech stock, IRI, impressive client base, but share price suffered as well. IRI, is still valued at around PE of 20.
Next 12 months will be very interesting for ISD, most likely light at end of tunnel.
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