ALU – Altium Limited | Aussie Stock Forums

<iframe src=”//rcm-na.amazon-adsystem.com/e/cm?o=1&p=22&l=ur1&category=homegarden&banner=02NMTC702K4D0VHE1SR2&f=ifr&linkID=17e0b4ac3a719000706e772761d8ae0e&t=forexz-20&tracking_id=forexz-20″ width=”250″ height=”250″ scrolling=”no” border=”0″ marginwidth=”0″ style=”border:none;” frameborder=”0″></iframe>

Can’t find anything about this crowd on ASF so will crank out a new one…

Discovered Altium (ASX: ALU) yesterday in my endless search for better than average returns without too much volatility.

Altium is a Sydney software company that creates software for a wide range of applications ranging from car dashboards and washing machines to medical devices and space satellites. Their client list is a who’s who of international bluechips (BMW, Boeing, Bosch, HP, IBM, Canon, Nokia, Sony, Philips etc.)

After a long period focused heavily on R&D they have recently bolstered their Sales & Marketing departments with some new hitters to start chasing new business in addition to growing existing.

EPS expected to increase 194% for FY08 (from 1.2-3.6) and a further 61% for FY09 (3.6-5.8) and overall outperforming their sector for at least the next 3yrs.

The analyst report I read says the underlying intellectual capital is significantly higher than the current share price (89c) reflects and if they hit their FY08 targets then $1.50 is a better representation.

There’s a load of reports and other info on their website for anyone interested… http://www.altium.com/AboutUs/Investorinformation/

:) :D

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*


− 1 = 2