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  5. ENGH: Decent last Q,but declined again after initial rise. [Enghouse Systems Limited]
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Q: Decent last Q,but declined again after initial rise.A relative underpreformer who did not take the opportunity to make material acquisitions in a ripe envIironment.It Txs for U usual great services & views
Asked by Peter on June 20, 2024
5i Research Answer:

ENGH is doing some things right, but certainly its hoarding of too much cash has hurt investor sentiment. Investors seem 'bored' with it. The dividend is decent for a tech company but there needs to be a catalyst here.