OTCPK:MECVF - Post by User
Comment by
AlwaysLong683on Apr 27, 2021 7:46am
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Post# 33072846
RE:RE:RE:RE:RE:Surprised
RE:RE:RE:RE:RE:Surprised Here's a summay of Takacsy's comments on MDF last time (March 22) according to stockchase's website: They offer e-commerce services for big, complex companies like Sobeys and IGA (vs. Shopify which serves small businesses).
They just scored a huge deal with Aldi. MDF also enables suppliers to bid on government contracts. They do a lot of M&A in this segment.
About 80% of sales are highly recurring, yet the stock trades at only 2.5x sales vs. Shopify's 35x. True, the smaller MDF isn't growing as fast as the bigger Shopify. MDF should be trading much higher. Growth is speeding up as businesses move online.