Long

TR9 - Fundamentals strong

I am a fundamentals based investor and this company is accellerating ROIC and ROE at an incredible rate. A microcap software company trading less than 2x EV/Rev. Founders hold majority of the business. While its gross margins are lower (currently 30%) than most software co's, earnings are growing and I suspect margin health will improve over the coming years. The company has moats through proprietary technology and switching costs. Currently running up on the channel that the stock has been in for 3 years, but stochastic RSI says the stock isn't over or under bought, so I took a position. Price may be running hard into half yearly results, so could see a pullback / reversion to mean. In any event, I'm going to set and forget this one and come back in 5 years.

adenjb

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