19.04.2004
transtec accumulate
AC Research: kaufen
The analysts of AC Research continue to recommend that investors should accumulate the shares of transtec (ISIN DE0007241424/ WKN 724142), a system supplier for computers and storage solutions based on Unix and Windows NT aimed at professional users in industry, retail, public institutions and research facilities.
transtec have announced their acquisition of the Triplestor GmbH. At present, the acquisition is still subject to the execution of some final details in the contract. On completion, the acquisition will expand transtec's strategically important storage business. At the same time, it will also strengthen the indirect business, which has thus far been running under the Xeltec brand name. The former CEO of the Triplestor GmbH will become president of transtec's new competence centre storage, as well as a member of the company's executive board. As far as the analysts of AC Research are concerned, the acquisition makes sense. It enables transtec to strengthen t heir position among Europe's ten largest suppliers of storage solutions.
At current share price levels of 6.85 EUR, transtec's market capitalisation amounts to 25 million EUR. Despite the share price rally of recent months, the stock still appears to be modestly valued at these levels. During the late financial year, the company managed a turnaround by achieving positive pre-tax earnings of 0.2 million EUR. At the same time, the co-operation with GrenkeLeasing offers considerable potential on an operative level. By offering to not just supply products but also finance them, transtec will probably be able to acquire a new set of customers. The analysts see substantial growth potential in this, which should have a disproportionally positive effect on the company's earnings.
The analysts of AC Research reiterate their "accumulate" rating on the shares of the transtec AG.
zurück
transtec accumulate
AC Research: kaufen
The analysts of AC Research continue to recommend that investors should accumulate the shares of transtec (ISIN DE0007241424/ WKN 724142), a system supplier for computers and storage solutions based on Unix and Windows NT aimed at professional users in industry, retail, public institutions and research facilities.
transtec have announced their acquisition of the Triplestor GmbH. At present, the acquisition is still subject to the execution of some final details in the contract. On completion, the acquisition will expand transtec's strategically important storage business. At the same time, it will also strengthen the indirect business, which has thus far been running under the Xeltec brand name. The former CEO of the Triplestor GmbH will become president of transtec's new competence centre storage, as well as a member of the company's executive board. As far as the analysts of AC Research are concerned, the acquisition makes sense. It enables transtec to strengthen t heir position among Europe's ten largest suppliers of storage solutions.
At current share price levels of 6.85 EUR, transtec's market capitalisation amounts to 25 million EUR. Despite the share price rally of recent months, the stock still appears to be modestly valued at these levels. During the late financial year, the company managed a turnaround by achieving positive pre-tax earnings of 0.2 million EUR. At the same time, the co-operation with GrenkeLeasing offers considerable potential on an operative level. By offering to not just supply products but also finance them, transtec will probably be able to acquire a new set of customers. The analysts see substantial growth potential in this, which should have a disproportionally positive effect on the company's earnings.
The analysts of AC Research reiterate their "accumulate" rating on the shares of the transtec AG.
zurück