Friday, February 14, 2014

LICT Corp Is Far Too Cheap

The fixed-line telephony business is one that should experience negative growth in the coming years, as competition from wireless carriers renders many land lines useless. As such, the market accords companies in this space low multiples, and perhaps deservingly so. But some great opportunities arise when the market paints all companies within an industry with the same brush, without regard to what may be occurring within each business.

LICT Corp (LICT) is a cash-cow that Mr. Market appears to have left for dead. But within LICT Corp is a growing telecom business that is now driving total company revenue higher, which should result in excellent risk-adjusted gains for long-term investors.Read more...

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