STTCOMP JCS, FA Long
Market Cap: $7m at 2.1c
Cash: ~$2.4m
Highlights:
- 2016 revenue was around $9.5million which was larger than its current market cap
- The JCurve software ERP product division itself experienced impressive growth of 24% in FY2016
- Recently just signed additional agreement with NETSUITE and expands beyond the SME market
- The CEO just won the Australian Business Awards
- The cash position is very robust:
- AND The board is currently reviewing another acquisition "in both the Australian and Asian markets".
Disclosure:
I'm holding . . .
and JCS is another massively undervalued company in my portfolio apart from TMP who I tipped at low 20c last week.
TA-wise, 2.1c looks solid so far and should test high 2c by end of the month.
Again, all IMHO and GLTA
