Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.

OTCPK:RKNLF - Post by User

Reckon Ltd

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Post by schtokhunteron Mar 10, 2010 4:31pm

511 Views

Post# 16867634

Question Dave

Enjoying the recent pop in price very much. I see revenues increasing substantially over the near/mid term which could negate this question....

The PE ratio is pretty high, north of 70 now I think. Is this normal for this sector (I don't have any reference stats) and if not, what do you see as justification for the bullish outlook? I have my thoughts and I hope to hear yours.

Cheers,

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