I am surprised to see some activity on this board. The market cap of ASEI is tiny - a mere $500 million. While they should be acquired by a company that desires the cash flow and stable earnings, it probably wont happen to due the poison pill Fabiano adopted years ago.
Honestly at this point I don't have a lot of faith in the company to generate shareholder returns. Compared to the S&P this has been a horrible investment over the last 10 years.
I was at the airport this week and there were signs at the TSA checkpoints that stated that you must pull out all containers with liquids, deodorants, etc. It also stated that TSA was working on new technology that can differentiate between safe and harmful liquids. Is this a possible opportunity for ASEI? It sounded from the sign that they were testing these new technologies now. Who else is a player in this field?
USFarbuoabc --At this point ASEI is just a dividend play. Not even a near record order of 28 ZBVs moves this stock. It is not dirt cheap at 34 PE based on ttm earnings, but when the day of reckoning for some of the overpriced internet stocks comes, people will realize this was a pretty safe investment. By the way, don't sell Google short yet. In 5 years it should be much higher.
yes its been quiet since I blocked wolftts posts. I sold off 60% of my holdings but I still have a glimmer of hope for this turd of a stock. the dividend helps to buy the kids Christmas presents.
We are a retail merchant and I used to own VeriFone stock. We bailed on them on both counts. They made it impossible to get support and device drivers. We found a competitor of VeriFone that was happy to provide device drivers for equipment. Sorry but VeriFone is poorly run in my opinion.
i sold out my shares a few month ago at a loss.
we used to purchase equipment from Verifone but found their support to be lacking and long on hubris.
We switched to Ingenico. Much better experience in my opinion.
I dont follow ingenico shares, but my guess is that they are doing much better.
its like watching paint dry, or grass grow.
lets try to grow earnings.
but that wont help either. even a big beat on earnings doesnt move this stock.
institutions getting out.
i suppose ill just take the dividend every quarter.
sure. its getting cheap enough to consider buying a few hundred shares and just sit on it for a year and take the dividend. It about 10x what my bank is paying in interest.