OTCPK:MECVF - Post by User
Comment by
Possibleidiot01on Jul 29, 2020 3:09pm
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Post# 31339135
RE:Top Pick
RE:Top Pick Mediagrif Interactive Technologies (MDF TSX)
Mediagrif is a SaaS-based, diversified technology company that operates mostly in three verticals: strategic sourcing, unified commerce and B2B market place. They recently divested most of non-core business-to-consumer (B2C) business and are now focused on highly profitable and fast-growing B2B business. Mediagrif is a big beneficiary of COVID-19, which accelerated adoption of their product offerings. Its unified commerce business saw robust customer demand amid surging e-commerce activities. Their state-of-the-art e-commerce platform, which runs on its Orchestra technology, helps major global companies sell their products online. During the COVID-19 outbreak in Italy, Mediagrif`s platform supported the only online grocery in the country. We have full confidence in management’s ability to accelerate its growth of SaaS revenues by helping many more multinational companies to sell their products online. It remains largely undiscovered by investors and currently trades at a huge discount to its valuation.