zAngus

$TNE - TECHNOLOGY ONE - Been having a good run

Long
zAngus Updated   
ASX:TNE   TECHNOLOGY ONE LIMITED
Id like to see it break $7.54 to confirm continuation of trend but it has been a great performer.

Technology One Limited is an enterprise software company. The Company is engaged in the development, marketing, sale, implementation and support of enterprise business software solutions. The Company's segments include Sales and Marketing, which includes sales of license fees and customer support to its customers; Consulting, which includes implementation, consulting services and custom software development services for large scale purpose built applications; Research and development, which includes the research, development and support of its products; Cloud, which includes delivery of cloud hosting services to its customers, and Corporate. Its enterprise business software solutions include TechnologyOne Financials, TechnologyOne Enterprise Asset Management, TechnologyOne Supply Chain, TechnologyOne Human Resource and Payroll, TechnologyOne Property and Rating, TechnologyOne Stakeholder Management and TechnologyOne Student Management.
Comment:
Its been a great stock. I got stopped out on the earnings crash - was running a 10% trail, but a long way up on my buy. Earnings were good - but of course below analysts hype expectations. Bought back in this morning after seeing several days of good recovery. It might still correct of course but that's what stops are for, and there is lots of upside opportunity if it continues to recover.


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