Q: Hi Again
What are your thoughts on this company? Would you call it a buy? Seems to be growing quickly. Can you give us a run down on your thoughts for these guys.
ken & Cindy
What are your thoughts on this company? Would you call it a buy? Seems to be growing quickly. Can you give us a run down on your thoughts for these guys.
ken & Cindy
5i Research Answer:
We have quite a few comments posted on PAY; it was halted for a period to clear up an issue (discussed in the Q&A) and appears very much back on track now. It is very cheap at under 10X earnings and it has a very strong balance sheet. Very good earnings growth is expected in the next 18 months at least. Insiders own 11% and cash flow is growing. Overall, it has some good qualities for a small cap stock.