UPS - Pitney Bowes - Already Transformed And Set To Shock Market
- Pitney Bowes Global E-commerce segment is likely to become profitable for the first time ever when earnings are reported on Feb 2nd.
- The legacy business has sticky cash flows, and PBI has already transformed the legacy segment to a cloud-based 21st century offering that has a better solution than Stamps.com.
- PBI is significantly undervalued to competitors in similar segments and a break-up or sale of the company would unlock significant value.
- Bill Miller owns PBI and believes the e-commerce segment on a standalone basis is worth more than $12 per share.
- Nearly 20% of the float is short as the market has yet to understand the transformation.
For further details see:
Pitney Bowes - Already Transformed And Set To Shock Market