Lee Boy
Long/short equity, french equities, luxury goods companies, research analyst

Ingenico Is A Great Long-Term Investment With A Nice Short-Term Catalyst

Overview and 2013 results

Ingenico (OTC:INGIF) (OTCPK:INGIY) is a French company leader of the smart terminals and transaction services industries. The Group was founded in 1980 and operates now worldwide, employing more than 3,500 collaborators. The stock trades with high liquidity in Paris while US investors can buy on the OTC segment either the ordinary shares or its ADRs.

In 2013, Ingenico acquired Ogone in order to boost its online payment business and strengthen its activity in Europe. The Brussels-based company already accounted for €55m of revenues in 2013.

Ingenico recently announced great 2013 results with increasing revenues, profits and margins. The French company has an excellent track record and is now able to deliver more...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details