LGS.A. is listed in Montreal (currently at $4.25).
PE about 30 , pays a small dividend and has a market value less than half its sales (under 100million). Here's what LGS says about Y2000. Check them out (http://www.lgs.ca/
"U.S. experts, such as Gartner Group, are already predicting that, on a global scale,
this effort alone will cost from $400 to $600 billion between 1996 and 2003.
Moreover, there will be a shortage of specialized human resources from professional
services firms such as LGS to meet the demand. Hence, here is an immediate
opportunity where LGS has quickly positioned itself by joining forces with Peritus
Software, of Billerica, Massachusetts, which has designed computerized tools to
facilitate the work of our specialists. Already, several major institutions have awarded
LGS contracts valued at several million dollars to handle this issue, and we plan to
increase our resources in this field to meet market needs."
----------------------------------------
The figures on LGS.A in the December 6, 1996 edition of Investor's Digest show 8.04 P/CF, P/S .40, Return on IC 26.02, EBIT/share .42, Net W. Cap 1.19
Is anyone else following LGS? I think that if this company was listed on NASDAQ it would be flying high. Seems undiscovered to me. Hence an opportunity. |
