Yeap.. BPS does not need to buy anything else. Just streamline what they already got.
This feels a prime target for private equity - the company CEO has already done the hard work and identified the cost savings and integration benefits and the market is giving him zero credit for it. You can take this private for 70cents and re-list at $1.50-2.0ps 3 years later once the business is lean and cash pretty. Right now, the market is saying that the CEO will fail. So even a small improvement will surprise to the upside.
BPS Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
