Valuation is always based looking forward. I think I read that the tags are leased by the customer on a monthly basis rather than purchased. Staples has 280 stores in Canada and 1900 worldwide. I agree once one big chain rolls it out that its inevitable that others will follow. I think you picked a winner this time. If ABSY was trying to do this on their own I would be skeptical but with a big multi-national corporation like Fujitsu in our corner the risk to reward ratio is greatly improved. JMO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.