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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
Bullboard Posts
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(4)
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Comment by janeintorontoon Apr 25, 2015 5:58pm
142 Views
Post# 23664601

RE:Coming back slowly

RE:Coming back slowlyI hate to just repeat news; but what interested me about the following April 8th item was the name of an RKN competitor, DOX. It gives one something to compare it to. Am so sick of these computer generated analyses that use noncomparable comparables. "RKN shs are up about 25 per cent since early March, and Beacon Securities Ltd. analyst Gabriel Leung downgraded the stock to “hold” from “buy.” Mr. Leung said it is not overly expensive compared to its main competitor, Amdocs Ltd., but with concerns about the company’s 50 per cent revenue exposure in Europe, where the euro is lagging, and legacy customer drop-off, the analyst said it is “prudent” to await additional data points before being more aggressive on the stock. Mr. Leung maintained his $5 target price. Consensus is $4.84,
Bullboard Posts
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