finnCap note taken from Research Tree: "Eventful interims to March 2016 show resilience in recurring revenue and strength in free cashflow, with confidence expressed in the dividend. Mobile pressure in 1H16 was not as challenged as we had originally feared despite well flagged ARPU and margin pressure. Advanced Solutions delivered growth in recurring revenue but is expected to be 2H-weighted due to the delayed phasing of completion of a major order, contributing to a significant, and reassuring, £7.7m order backlog. Management initiatives, to support gross margins ..."
finnCap published a note this morning, took it from research tree "Eventful interims to March 2016 show resilience in recurring revenue and strength in free cashflow, with confidence expressed in the dividend. Mobile pressure in 1H16 was not as challenged as we had originally feared despite well flagged ARPU and margin pressure. Advanced Solutions delivered growth in recurring revenue but is expected to be 2H-weighted due to the delayed phasing of completion of a major order, contributing to a significant, and reassuring, £7.7m order backlog. Management initiatives, to support gross margins ..."
Undervalued with a dividend... Sustainable yield of almost 5% and undervalued (based on this report [link] you seem to know company well (been reading past msgs), is your opinion the analysts estimates are not accounting for EPS dilution?
F/A/O ROY ROY - Getting pricey here, have a look at UTW, good luck. ws