When I compared Click to TOA purchase price of $400M, I compared to a company that never made a profit with a fraction of Click revenues.
Oracle did not purchase TOA because they were profitable !!
So what you are trying to say is that the buyer wanted to commit suicide? Lol
Click is well known to not safe guard business news. The fact that the buyer bought at the open at market, tells me he knows something that he thinks maybe other know too...
Let's wait and see who laughs all the way to t he bank. Matt or the options buyer,
Anyway you slice it, Click should fetch at the very least the value TOA and ServiceMax got, 400M for 50M in revenues.
Someone will #$%$ this for $400M and will be very happy,
They don't have to announce they exceeded their numbers. I truly think they did better than the 36M estimates.
Also, during Q4 the Israeli currency weakened significantly against the USD thus it should give them a nice tailwind in the bottom line.
Time will tell,
We have one thing working in our favor.
It's Moshe's age.
Since everyone here agrees he is a control freak, he would prefer to sell the company rather than let someone else run it.
Good Luck all,
55 New enterprise customers, an amazing number. It means almost 15 new enterprise customers per quarter or more than a new customer every week.
The risk reward at these levels makes great sense to me.
I'm a value investor thus I would not chase companies that are up 50%+ in the past year.
ClickSoftware Wins Four Mobile Star Awards
We are happy to announce that ClickSoftware was presented with honors in the 12th annual Mobile Star Awards program.
workers mobileClickSoftware placed in the following categories:
ClickMobile won a Superstar the Mobile Field Service Category
The Service Optimization Suite won a Superstar the Mobile Workforce Management category
The Mobility studio won a Superstar in the Mobile Application Development category
The Mobility Studio also placed with a Shining Star in the Mobile Asset Management category
If I recall correctly, You think very highly of Magic Software management.
The share price of Magic under performed the markets and even Click's share price as crazy as it sounds.
Magic as a company performed very well but their share price is near the 52 weeks low while the markets are at all time highs.
Maybe there is tax loss selling in both or maybe something else is going on with small Israeli software companies.
At the very least, they should match TOA and ServiceMax valuations ($400M).
Both companies with annual revenues of 50M and deep in the red.