Zoolanda
06-07-2015, 02:01 PM
Hi All..
I am a long time reader first time poster.
Hard to find value in the market atm but one stock I came across is BPS TECH.
Basically the company owns the Bartercard Platform which allows businesses to exchange goods through a trading system that involves points. They also own a white label IT system (Tess) which allows other exchanges to function around the world and a rewards system called Bucqi.
In a nut shell these guys are ticket clippers looking at international expansion for growth. Historical industry growth is circa 15%
The company listed on the ASX last Sept and just announced they hit prospectus guidance.
Currently trading on a PE of 7 and a divvy yield 12% which seems very high.
Business has been operating for many years and has very stable revenues.
Merchants seem to have a love hate relationship with the company. If you don't put the effort into learning how to trade it can problematic but those that do seem to love it.
Anyhow just wondering if any others have looked at this stock?
Thanks.
ASX: BPS
I am a long time reader first time poster.
Hard to find value in the market atm but one stock I came across is BPS TECH.
Basically the company owns the Bartercard Platform which allows businesses to exchange goods through a trading system that involves points. They also own a white label IT system (Tess) which allows other exchanges to function around the world and a rewards system called Bucqi.
In a nut shell these guys are ticket clippers looking at international expansion for growth. Historical industry growth is circa 15%
The company listed on the ASX last Sept and just announced they hit prospectus guidance.
Currently trading on a PE of 7 and a divvy yield 12% which seems very high.
Business has been operating for many years and has very stable revenues.
Merchants seem to have a love hate relationship with the company. If you don't put the effort into learning how to trade it can problematic but those that do seem to love it.
Anyhow just wondering if any others have looked at this stock?
Thanks.
ASX: BPS