Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.825

-2.9%

9:30 AM EST

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To: richardred who wrote (6932)	2/14/2024 9:23:19 AM
From: E_K_S	Read Replies (2) of 7239

RE: CNDT Agree. I like their new ventures and growing revenue streams. Getting into the new Fed electronic fund transactions is huge and potentially a large new revenue stream that can scale too. Their electronic transit billing platform is scaling too into more cities. Again a growing revenue stream. Notice they expensed some goodwill on one of their divisions sold so that is in the rear view mirror. I plan to peel off my high cost shares and monitor quarterly revenues. Would like them to get that debt paid down. Perhaps in 18-24 months, they get the price above $5/share if/when market understands their different growing revenue streams and the stock gets priced accordingly.

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