Saturday, December 19, 2015 4:24:28 PM
Seeking Alpha
MNDO will prove this author wrong, it will be very strong and your starter position should have been $2.38..
"Mind shares seem pretty cheap and I do think this is a high quality company. No matter how you calculate ROIC, you will get a result of 50%+ and there is very consistent cash generation. The technology seems to have a good value proposition and I am always attracted to recurring revenue streams. However, prospective returns of 45% over 3 years or ~13% annually are not juicy enough in my opinion to make this a strong buy. I'm also reluctant to take a large position now because I feel the market misunderstands the revenue and currency issues, which could create a better buying opportunity sometime in the next few years when margins likely revert and/or the current down fluctuation in revenue continues. Mind is a very interesting opportunity, and perhaps now is a good time to take a starter position, but I don't think the stock is a conviction buy at this price".
Bottom line...sales may be down but profits are better percentage wise. Company tightened their belt...running most efficiently!!
good for them, good for us...buy it up... 11% dividend from here
Recent MNDO News
- MIND CTI Reports Second Quarter 2024 Results • GlobeNewswire Inc. • 08/06/2024 10:43:04 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 10:15:42 AM
- MIND CTI Reports First Quarter 2024 Results • GlobeNewswire Inc. • 05/08/2024 10:56:48 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 10:14:33 AM
- MIND CTI Reports Fourth Quarter and Full Year 2023 Results • GlobeNewswire Inc. • 03/06/2024 12:09:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/06/2024 11:25:39 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 10:23:13 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/29/2024 06:42:40 PM
- MIND CTI Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/08/2023 11:43:14 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 11:04:02 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 09/29/2023 04:37:58 PM
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