PYG 0.00% 99.0¢ paygroup limited

I'm all set. Average buy around 60c so I pulled the trigger a...

  1. 83 Posts.
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    I'm all set. Average buy around 60c so I pulled the trigger a little early, but very confident this is a good long term hold.

    This thing is CF+ ($1m positive cashflow last qtr), growing (they have written as much new business in the 1st half as they did for all of last year), has significant management ownership and is targeting the growing asia pacific market. You don't need to be Einstein to see the opportunity of companies diversifying away from China, leading to a lot of business for a SE Asia and India focused HCM/Payroll company such as PayGroup.

    I'm eagerly awaiting the quarterly and think this will be the major catalyst for a significant reversal.
 
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Currently unlisted public company.

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