Good article about $GSB on Seeking Alpha! (dated S
Post# of 25
The article is too big to post here so the link is below. I did copy the summary:
Summary
•GlobalSCAPE is a growing and profitable micro-cap company with 0 debt and over 25% of its market cap in cash.
•The company grew revenues 8% in 2013, 10% in 2014, and 15% in 2015. It also operates in an industry projected to grow 10% through 2020.
•It has struggled the last 3 quarters, and its stock price has traded sideways since 2015, but a CEO transition and refocusing on its core technology platform could re-accelerate growth.
•Deferred revenue trends lend credence to the turnaround story.
•Base case valuation gives a 40% return through 2018, or 16% annualized; bull/bear cases are positively skewed 1.7x.
http://seekingalpha.com/article/4008071-globa...018?page=2