This company has no debt , sitting on loads of cash, paying dividend, is growing, generating £20mil profit so on a p/e of just 10 (some companys mmuch highrer) should value company around £200 mil mcap at least !!
And Sitting on £40Million ish Cash
Generating £10- £20 million profit per year
High Profit Margins
Huge Growth potential - Reasearch how Many apple/smart phones sold in china this year = internet Business / sales a huge growth area = More profit
Paid out 6pence per share last year in dividends - At current levels = 40 % ish in Divis !!!!
I work for this company and invested in them too. I bought in at 136 and 105ish averaging around 113 which I think is a bargain - they are a profffessional company and have already posted news on their website stating income/profits in the high end of expectations. We even had an xmas bonus so thay must be doing alright - stmodwen dont give bonus if doing badly or its not deserved - I reckon this share will be 160 - 180p come summer - a good 60-70% on investment