NTC Got noticed a little today and should confirm the break up...

NTC
Got noticed a little today and should confirm the break up into next week.
Well oversold , "under the radar" report below to begin coverage on it.
Should continue to build strongly into the 5G roll out.


NETCOMM WIRELESS

After its 50% fall in the wake of the result, the data communications product developer has come across our Radar and we believe that a buying opportunity has emerged. The company is profitable, is leveraged to the growth in internet connectivity and 5G in the short-term, has $27m in cash and no debt and trades at a 75% discount to the average earnings multiple for software companies. What’s not to like?
LOOKING FOR VALUE

NetComm Wireless shares have almost halved since its FY18 results at the end of August, which definitely got our attention. What also got our attention was that almost a third of the company’s market capitalisation is cash, the group has no debt, and it remains profitable. We decided to investigate.