I don't see how the Asseco connection would be a drag on price, bc if anything will drive this it's the earnings not the ownership. Interestingly, that, my broker Morgan Stanley, list GWRE and PEGA as competitors, both of which, sell at higher pe's. If we can get pe expansion, and I would expect that in a year if they keep increasing %'s as they have, than the price appreciation will be more rapid. I am looking for mid 30's in 3-5 years.
I don't see them getting bought, unless the parent company, Asseco, wants to increae their ownership percentage. They now own a little more than 51%. Asseco has grown via acqs to become the 5th largest software company and as long as SPNS continues like this I can't see any way possible Asseco would sell them. The bigger they get the better for Asseco.
I own 4 stocks and this is far and away my biggest holding probably 40% of my total holdings. And have owned for 15 years or so. The last two years, especially, they are starting to hit full stride. They are now making over 15% net, that's an incredible number and it appears sustainable. To me this stock triples in the next 3-5 years.
I don't see the St Jude thing as that big a deal, I believe ABMD has just too big a jump on any possible competition but we'll see
Not a prob with the tangent. I just think people will be shocked at how turned off most Americans are by the media and all the politicians. I know I am. All of them from NYT to FOX to MSNBC to CNN. They all the same all spewing the #$%$ for their particular sliver of the population. There is no news any more it's just what they spew to their particular fan base. And as to politicians, there is a reason over 50% ex-officeholders now are in DC as opposed to less than 10% years ago, and it's so they can feather their own nests. And imho lower taxes ain't going to happen especially with HRC. The only solution to all this is government funding of elections and getting all the personal, corporate and union money out of election financing. I love that we keep electing people who have never run a business in their lives, just become President and you can learn on the job.
I have been a long, long time ABMD holder, since 95 and even though I love the idea of 140 buy out I think it will be w/o a buy out w/i a year by itself.
And don't be so sure T will lose. I am thinking he wins. HRC couldn't inspire any one living. Latinos and Blacks will not turn out for her or the Dems like they did for O and the Dems lost tons of seats, in both houses. so don't count anything yet.