Certainly an interesting development. It’s quite difficult to weigh up the loss of Texas on the one hand, versus the big decline in the stock price.
There were a couple of things in the earnings call […]
Thanks. That’s very clear and, I think, is consistent with what is said in NIC’s filings (though of course they don’t spell it out like you did).
I said I’d had a couple of other thoughts, and I’ll […]
Philip Hutchinson commented on the post, NIC (EGOV): A Far Above Average Business at an Utterly Average Price 2 years ago
Good article. NIC definitely looks like the kind of business I like to own, and at a price that looks very reasonable in today’s market, and in fact pretty reasonable full stop. It’s now at the top of […]
I recently mentioned, commenting on Jayden Preston’s excellent post analysing the Cheesecake Factory, one of my holdings, Young and Co’s Brewery PLC (“Young’s”). I thought it would be interesting to do a write-up […]
Great post. You set out a very convincing investment case, my only difficulty (which is personal to me) is that I’m a UK resident and I am wary of investing in consumer driven companies in countries […]