Making acquisitions to artificially boost their numbers, their software has not improved in years. Their recently announced layoffs and "back to office" attitude will help them get costs under control, unfortunately their product will not improve and they will have to increasingly rely on sales tactics and lock-in, an Oracle-lite strategy where the current customers find it difficult to switch and stay with the product for 5-10 years while new customers are increasingly harder to find.
They'll end up at $7, we've seen this story play out for other software companies where the product offering hardly improves and the customer pipeline slows down.
Then they'll get bought out by a larger player, same strategy as DNDT but at a larger scale.
They'll end up at $7, we've seen this story play out for other software companies where the product offering hardly improves and the customer pipeline slows down.
Then they'll get bought out by a larger player, same strategy as DNDT but at a larger scale.
評論:
Resistance is somewhere around $12, next earnings it'll go down past that. Highest target would be $16 if they can pull one more rabbit out of the hat (meeting or surpassing earnings expectation, acquiring one more company, getting acquired or bringing in a new CEO).
評論:
Share buyback that has been approved by OSC, they're up to $15, looks like this is the rabbit out of the hat.
評論:
They went up to $22, their lowest was $7.82 on Friday November 11, a year later from my comment and they ended up where I thought.
Although, they opened today and now they're hovering around $12 because they are going to start a review of "non-core" assets to sell.
Do they have any more rabbits in the hat before they get bought out?
Although, they opened today and now they're hovering around $12 because they are going to start a review of "non-core" assets to sell.
Do they have any more rabbits in the hat before they get bought out?
