I have held a full position for 3+ years. I doubled down post special dividend payment, as the earning growth potential is very, very strong. There will likely be no SDs going forward, as I think MGMT will be focusing on accretive movement, as per 3Q NR. It is unfortunate that this stock is so infrequently covered, though with such a tightly held, small float, that is not surprising [but it is a great thing for longs, imho].
The USPS deal may push this company into the limelight a bit more: Clearspan will potentially be a go to solution for larger institutional implementations; USPS will have 30,000+ full funtion stations, and 400,000+ users.
They want to grow: Aastra Technologies Seeks Acquisitions Oct 17 13
Aastra Technologies Ltd. (TSX:AAH) seeks acquisitions. "On mergers and acquisitions we continue to seek transactions that will allow us to move ahead of the curve and put us solidly on a growth path," said Francis Shen Aastra Technologies Ltd-Co-Chief Executive Officer.
AAH fundamentals and ratios [particularly GMs] are very strong. Hell, this company trades at
book value!
Based on prevailing industry norms for equal fundamentals, and the growth opportunities this company is aiming for, upside is very strong. It wouldn't surprise me if this company is a $1B private acquisition within a couple of years; at $325M market cap now, that would put the SP @ $80+. I won't be surprised in the least; it would be a great payday for the Shen bros.
cheers,
mrb