IRI 0.94% 52.5¢ integrated research limited

what a great stock, page-35

  1. 9 Posts.
    Wanted to see how things pan out after the AGM.

    I got in after the AGM @1.29.

    Looks like we've got a runner, boys. Didn't get in earlier than I would've like unlike some of you smugs here.:)

    I like IRI's recurring income business model, IMO. Close to zero debt. Current assets pays off total liabilities with 10M to spare. Long runway ahead in US&euro market. Prognosis seems to be a good moat. What's not to like?

    Sure PE indicates it ain't cheap. But better buy an orange at a good price than a lemon at a great price.

    Merry Xmas and good hunting!
 
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