PAX GLOBAL

[COTDS]

Hi all,

In Recent years I find it real hard to find something decent to invest in. However, I recently stumble upon a company which caught my interest. PAX global a POS terminal company recently had FBI raiding their company at US side. However, seems like they have proven in their latests report that their POS terminal is not sending any data to unauthorised links.

Fundamental wise, its trading at BV. but PE range is real low. Not a ben kinda investment but this seems to be the best I've got so far.......

Do comment on the following company. Would like to see if I have missed out on anything.

[ongweehiang]

The FBI raid is the main reason why the share price collapsed in October. (https://krebsonsecurity.com/2021/10/fbi-.../#comments)

The opinion is that Pax may be caught out in the war between China and the US. If their products may be removed from US and Europe market, the financial impact may be substantial.

On the other hand

- they had released a press release saying that their terminal is safe (http://portalvhds1fxb0jchzgjph.blob.core...1639_0.PDF) which is audited by Palo Alto.
-the management has been more shareholder friendly in the past few years which meant more share buybacks and dividend.

OWH
www.weightedresearch.com