T O P I C R E V I E W
posted November 11, 2011 12:00
Last Trade: 7.75
52wk Range: 5.77 - 12.81 Avg Vol (3m): 116,174 45 Million shares outstanding 36.85M Float 17.35% held by insiders 66.30% held by institutions ***Outperforming estimates ***Undervalued forward EPS ***Possible buyout potential. Chart- http://stockcharts.com/h-sc/ui?s=UEPS&p=D&b=5&g=0&id=p51388831422 Latest Quarterly release - http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001062993-11-004280%2E txt&FilePath=%5C2011%5C10%5C27%5C&CoName=NET+1+UEPS+TECHNOLOGIES+INC&FormType=10 -Q&RcvdDate=10%2F27%2F2011&pdf= SEC filings- http://finance.yahoo.com/q/sec?s=UEPS+SEC+Filings Press Releases- http://www.nasdaq.com/symbol/ueps/press-releases
posted November 11, 2011 14:21
posted December 09, 2011 19:01
Cup and Handle formed on the YTD chart
Not a pretty cup (slanted downward) but put her on your watchlists. My opinion is she is going to be topside of $10 inside 2 months.
posted December 15, 2011 17:54
Roll that beautiful bean footage!!
posted December 16, 2011 13:58
posted January 19, 2012 10:46
Huge contract came in yesterday. Worth 1.25 Billion over the next five years.
This was the contract whose uncertainty had been holding prices back. Big price jump was yesterday but I still believe there is a possible 40% or so growth in the near future. http://www.google.com/finance?q=NASDAQ:UEPS
posted January 24, 2012 12:53
In the midst of Breaking High
Signs are we are moving to next line of resistance around the $11.60 (roughly 13% above current pps) Need to break away from the $10.40 to confirm current resistance truly broken.
posted January 26, 2012 23:00
Barring a strong drop tomorrow morning we broke the 10.40 this afternoon. We continue to move forward and volume is increasing again.
posted February 06, 2012 17:11
News out AH, Contract is signed.
10-Q due on Friday, contract details will be discussed in the CC. Last sale $11.07 See if we gap tomorrow or if it was already priced in. http://www.nasdaq.com/article/net1-concludes-sassa-contract-and-service-level-ag reement-20120206-01250
posted March 26, 2012 17:29
Don't know if anyone is following but I figure I should update this one. I have sold out of this position for the time being until the Allpay lawsuit against the SASSA award is concluded. If it is dismissed I would expect I will buy back in prior to the next earnings release assuming volume returns the the stock.