Jordan Zinberg
Data Communications Management
DCM-T
PARTIAL BUY
Jan 15, 2024
It did a transformational acquisition of a large U.S. player a year ago and this doubled the size of the business. Going forward there could be some one time costs. It is a fantastic business which is well run. It is not in a high growth area but will be a dominant player going forward.
(A Top Pick Apr 12/18, Down 24%) They have engineered a turnaround and it has turned the corner but it is not getting the love it should. They have a bit of a debt problem and they are reducing it. It has a lot of really great customers, moving from a print based model to a marking and electronic model. He thinks it is grossly undervalued and should trade higher.
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It did a transformational acquisition of a large U.S. player a year ago and this doubled the size of the business. Going forward there could be some one time costs. It is a fantastic business which is well run. It is not in a high growth area but will be a dominant player going forward.