Pax Global Technology. The market is still not aware of how amazing Pax business is! I was moderately optimistic about this year as I got very good feeback from Pax new products, but Pax smashed my high expectations. Pax expects an increase of >40% in net profit for 2020. 
Taking into account that Pax grew 19% in the first half, they should grow close to 70% in the second half. As a reminder, Pax is experiencing one-offs costs in those results like Share option expenses and Goodwill impairment
Pax is dirty cheap and momentum has arrived. Business has tailwinds thanks to competitor problems and new amazing product offering. Management switched into a shareholder friendly policy. Have a gander at the investment thesis, time is worth (english subs)
https://twitter.com/gabcasla/status/1323203036374835200?s=20
The stock is asleep since 2017 despite the business improvement. The market didn't realise that Pax was investing a lot in a new POS portfolio and solutions. Now it is harvest time! Could someone explain how Pax is trading at <6x and ~1x EBITDA? LONG PAX GLOBAL (0327) @NMahtani
• • •
Missing some Tweet in this thread? You can try to
force a refresh
