Fingerprint Cards: Working fingers to the bone – finally paying off
Research Update
2018-10-30
07:30
FPC's Q3 together with insiders having bought in total 2.6m shares since June indicates the beginning of a strong turnaround, despite coping with severe challenges. Most notably, the recovery in gross margins impressed us. We therefore increase our estimated gross margins as well as our projected phone sales and consequently raise our valuation. Please note that the purchase from the CEO that was reported late last night is not included in the table of insider purchases
VW
Viktor Westman
Disclosures and disclaimers