VersaPay is an early stage tech to watch, says StableView analyst Shuttleworth
A little-known Canadian payments processor could deliver big returns for investors, says one analyst.
StableView Asset Management analyst Ron Shuttleworth was on BNN’s MoneyTalk yesterday to talk about his top stock picks.
Shuttleworth says StableView focuses on innovation sector companies with the ability to generate free cash flow. The analyst says the fund aims to answer very particular questions about the way potential investments generate and realize cash.
“Is the cash flow recurring, sustainable, growing, repeatable,” said Shuttleworth, who says the fund looks at metrics such as how quickly companies are paid by their customers.
Shuttleworth says one of his current favourites is a bit more early stage than the others. Payment processing company VersaPay (VersaPay Stock Quote, Chart, News: TSXV:VPY), says the analyst, is a turnaround story that is beginning to benefit from a new management team and board.
Three years ago, shares of Versapay were languishing. But in 2013, the company hired software veteran Craig O’Neill to transition it from a legacy business to a cloud-based solution. O’Neill says the company is now making a “concerted effort” to expand its cloud business into the United States.
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Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.
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The article has provided useful information about VersaPay. Shuttleworth has come up with many informative findings about it focusiing on the concept of repeatable, recurring cash flow. The points are really appreciative!Research paper help
Thanks for sharing this info about VersaPay. It helps me a lot) In the case when I have to do several writing assignments in a short time,I ask them http://www.essays-shark.net for professional help
For survival of any company a stable cash flow is required. For this company hire people that work in collaboration and gain projects, which in turns brings profit. For employees that have been hired recently, they can take help from http://awriter.org/ to solve problems arising at workspace.
This is a proper blog for everyone who hopes to learn about this topic.You are aware of much its almost tricky to argue on hand not that I really would want.Great stuff, just excellent! http://fresh-essay.com this is one more cool website, that can make your studying process easier.