I am concerned about the governance, the strength of the gambling end markets they are selling into, and thatt management hasn't really signaled what they are doing with the cash.
I might go the annual meeting one of these days and let you know what they say about those points.
I'm not too concerned about what they do with the cash, I guess they'll just distribute most of it through dividends, though it would be great to hear what they have to say.
What I would really love them to address is why margins in the service segment fell, and why maintenance revenue hasn't really increased in H1.
I highlighted this one previously. It is an interesting one. https://www.benevolusinsights.com/p/5-interesting-minnesota-based-companies?utm_source=publication-search
It looks cheap. 5-6x EV/FCF.
I am concerned about the governance, the strength of the gambling end markets they are selling into, and thatt management hasn't really signaled what they are doing with the cash.
I might go the annual meeting one of these days and let you know what they say about those points.
Thanks, would love to hear what you find out!
I'm not too concerned about what they do with the cash, I guess they'll just distribute most of it through dividends, though it would be great to hear what they have to say.
What I would really love them to address is why margins in the service segment fell, and why maintenance revenue hasn't really increased in H1.