08-04-2014, 01:38 PM
This post is to outline a German small cap software play.
This is a link to the investor relations of Mensch Und Machine Software.
http://www.mum.de/EN_Mensch_und_Maschine...iveID=9956
This is a look at the stock price over the last one year
[Image: mensch-und-maschine-software-se.html]
Here is a link to a recent analyst report with a price target of 6.5 EUR.
http://www.mum.de/upload/LBBW_Company_Al..._38382.pdf
The current price is 5.93 EUR.
To make the waiting bearable, there is a 0.2 EUR dividend, which is likely to give yield of 3.37% while we wait.
There is a 10% upside potential if the price target is achieved.
Looking at the all time chart, it makes one wonder whether the price target will be hit.
The all time high was 6.78 back in 2002, before a 2 : 1 split.
There is a huge surge in small cap stocks in Germany and this is my way of riding on that.
Full Disclosure : I am long MUM and hope to exit once price target is achieved.
My blog post essentially has this same content, but has the charts, since I am not able to upload the charts here.
http://sgx-stocks-sti.blogspot.sg/2014/0...re-se.html
This is a link to the investor relations of Mensch Und Machine Software.
http://www.mum.de/EN_Mensch_und_Maschine...iveID=9956
This is a look at the stock price over the last one year
[Image: mensch-und-maschine-software-se.html]
Here is a link to a recent analyst report with a price target of 6.5 EUR.
http://www.mum.de/upload/LBBW_Company_Al..._38382.pdf
The current price is 5.93 EUR.
To make the waiting bearable, there is a 0.2 EUR dividend, which is likely to give yield of 3.37% while we wait.
There is a 10% upside potential if the price target is achieved.
Looking at the all time chart, it makes one wonder whether the price target will be hit.
The all time high was 6.78 back in 2002, before a 2 : 1 split.
There is a huge surge in small cap stocks in Germany and this is my way of riding on that.
Full Disclosure : I am long MUM and hope to exit once price target is achieved.
My blog post essentially has this same content, but has the charts, since I am not able to upload the charts here.
http://sgx-stocks-sti.blogspot.sg/2014/0...re-se.html