Altium Limited (ALU)

[absolut-advance]

Altium Limited (ALU)

At 76c looks a good trade opportunity IMO.. reversion to the mean.. indicators showing heavily oversold and a top up opportunity has presented itself.

Trend reversal in place to the upside in my analysis

Easy 15% + gain in 3-4 weeks-target

Although P/E is fairly high at 47.2 and a market cap of 66.9 million doesnt fit my buy criteria is still worthy of thought IMO.

only 88 million shares on issue by memory.

earning have increased by 229.8%

Potential for strong growth here on.

Dont hold but tempting...

just another company for discussion


Target has been set


AA

[absolut-advance]

Interesting company of the higher risk tolerance

Target up 15% in 3-4 weeks

http://www.altium.com/unifiedapproach/

http://www.altium.com/

AA

[OneUp]

AA, I mentioned this one to Tommy on another thread and own some.

Historic PE means little.

Revenues are growing strongly.

Software is a fixed cost business. So most of this revenue will flow through to the bottom line.

The company released a new version of its software a year ago, which is proving a hit. Perhaps more importantly, the sales force was re-engineered with spectacular results.

One negative is that the semi-conductor industry appears under pressure.

[absolut-advance]

Big volume shown on ALU yesterday making it jump up 11.19% for the day with well over 4 million shares traded.


AA