ASOZF News and Press, Asseco Poland SA From 04/26/22

Cloud remains one of the best modes of delivering products and services, and the infrastructure to support it becomes increasingly key. However, cloud stocks are likely to carry higher multiples because of the growth expectations baked into their prices. Below we give a couple of ...

A flight to quality is wise in markets rife with uncertainty. The theme is inflation resistance, necessity services and pricing power to combat the markets' biggest threats. Here are a few 'blue chip' ideas from international markets that you might consider for their value or inco...

Magic Software continues to benefit from the digitalisation boom and the boom in M&A, where IT integration services, especially for the cloud, become necessary. While Magic's organic performance continues to impress us, we use this note to focus on the fact that 80% of Magic's rev...

Sapiens provides digitalisation suites for life and P&C insurance companies across the globe. While the key products are mainly admin related, decision products are becoming more important, and could be a strong upselling opportunity. Margin profile continues to be strong with...

Asseco Poland is essentially a more vigorous IBM, with none of the concerns around accounting gimmickry, while existing at a meaningfully lower multiple. A complicated corporate structure makes it difficult to value at first, providing the opacity that contributes to the mispricing an...

Looking into more Asseco Poland holdings, Sapiens is another one that has been performing strongly and delivering for the wider group. Highly recurring revenue model provides attractive economics, and growth likely to continue with penetration even into higher tier insurance carriers....

How to Find High Quality, Compounder Stocks? Any long term investor would like to have compounder stocks aka multi-baggers in his/her portfolio. Now to systematically find the 100x type of investments is difficult, requires a lot of time and work. But is there a way to quickly identify good ...