Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

PAX Global Technology Looking To Swipe U.S. Market Share

PAX Global Technology (0327.HK) (OTC:PXGYF) ("PAX") has had a rough go of it since May of 2015 when I last wrote about the company. While the company has more or less kept to its plan of driving growth in China and emerging markets like Brazil and prepping for a major entry into the U.S., the stock has been hit by worries about those emerging markets, weakness in Chinese/Hong Kong stocks in general, and some company-specific competitive and performance worries. By no means is this a safe stock, but I believe it is an undervalued growth opportunity that is going to start seeing meaningful growth in the large U.S. point of sale (or POS) terminal market in 2016. While ...
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