Despite having its most profitable quarter in years, the company’s shares are lingering. While progress is a little slower than we hoped, the company is improving and its cloud subscription revenue is growing fast, albeit from a small base. We think investors are under-appreciating the progress that the company has been making. Source: Majesco: Progress […]
Entries Tagged as 'MJCO'
February 14th, 2020 · Comments Off on Majesco: Progress Everywhere But The Share Price
November 7th, 2018 · Comments Off on Majesco Is Underfollowed And Pretty Cheap
The company helps insurance companies to become more agile and it is moving its solutions to the cloud. As a result of this movement, headline revenue growth is understated and the company keeps expanding margins. It has some significant partners like IBM and significant clients like MetLife. Source: Majesco Is Underfollowed And Pretty Cheap – […]
October 8th, 2018 · Comments Off on Majesco Could See Serious Multiple Expansion
The company is shifting to the cloud and its cloud business is growing very fast. It is building some innovative platforms and has some powerful partners in IBM and MetLife. The company is already cash flow positive, margins are expanding, and even a small profit emerged in Q1. All that for 2x sales, a multiple […]