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Benj Gallander Magic Software Enterprises Inc MGIC-Q COMMENT Apr 01, 2014

Made a stock offering at $8.50 a share which made the stock tumble again. They don’t need the money. Have a clean balance sheet with no debt. Record revenues and a great bottom line. Looking at doing a takeover of another company in the field. He can see this going over $10.

Benj Gallander

Owned

Unlock Rating

$8.320

Stock price when the opinion was issued

computer software

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HOLD

Likes it a lot. Has been a tremendous spike. He is looking for double digits before he sells. Fundamentals are very strong. ERP software.

COMMENT

Looking at what point to Sell the rest of his holdings, possibly around $10.50. Had it at a Buy at $3, which it has far surpassed. He doesn’t Average Up, so won’t be Buying more.

BUY

Sold 61% of his position earlier. Bought again. Forecasts are for huge revenue increases. He is going to sell over $10.

HOLD

Tremendous returns for him. Sold 60% before it came down. He wouldn’t buy more because he doesn’t average up. Profits keep going up smartly. Thinks it has a lot of upside and he wont sell more until $8.

HOLD

Sold part of his position at $7+ and will sell the balance at $10+. Company is doing very well. Record earnings and revenues. Great balance sheet and no debt. Just bought more of a South African distributor. Technology they are the leading edge.

BUY

This company is doing beautifully. Had a tremendous year in 2011 with record revenues and very profitable. Revenue growth of over 20%. This company is past the turnaround phase and well into the ”boost” phase. He could see $10-$11 being very possible. PE is only around 12.

WAIT

Sold a good piece is the $6.65 range. Clean balance sheet. Record revenues in the last year. Regularly do other deals. Likes this one. Could see it going to the double digits. Buy in fall.

HOLD

Sold over 60% of his position. Had felt the stock would be going into double digits but the stock started to die. Almost every quarter, reports record revenues. Clean balance sheet with no debt. Recently took over more of a company that they owned in South Africa. Thinks it can get into double digits.

COMMENT

(Market Call Minute.) He can see this going up a fair bit further. Revenue and bottom-line are both up.

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Benj Gallander Magic Software Enterprises Inc MGIC-Q COMMENT Apr 01, 2014

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