Profile Software: DORA and lightning speed at 6.20 eurosProfile Software (PROF) has been hitting new all-time highs in its share price for six consecutive years. Nothing in its fundamental development indicates that it will miss the rendezvous of the all-time highs in 2025, 2026, 2027,…
It is perhaps the only stock on the Hellenic Stock Exchange that has not fallen below the Volume-Weighted Moving Average (VWMA) index in the last seven years, which uses the volume-weighted average price (VWAP).
This index shows that wherever a medium-term investor bought the stock within the 80-day range represented by each printed candlestick, he would come out a winner.
So Profile, with its backlog of projects of 120 million euros in combination with recurring revenues, without entering into any new agreements in the coming years, will generate 10 million euros of net cash annually, which means that by 2027 the group will have a fund of 30 million euros, where if we add the current 10 million euros, we go to 40 million euros.
That is 1/3 of the current capitalization and this without hypothetically the group having income from new agreements for 3 years. We are talking about such a strong package that it can easily cover even an acquisition of more than 60 million euros, thus radically changing all the data of the sizes that we know.
The diagrammatic analysis of the share gives, through the upward channel “Q”, a price forecast for 2025 that reaches 7.24 to 8.04 euros. The stock has developed peculiar triangular formations in an upward direction since 2019, mainly after formations of stabilization and upward division and escape to higher price levels.
Most recently, in the long-term chart of 80-day candlestick prices, the upward breakdown occurred at 1.846 euros and spread to 4.64 euros. Now, this level has been bypassed upwards and the spread to new unexplored price levels extends to 8.04 euros or +55% from current price levels. In fact, due to the strong slope, the movement from 5.30 to 6 euros will be lightning fast, that is, in a short period of time.
A movement that is very likely to be brought to us by … DORA (Digital Operational Resilience Act). The regulation is a modern EU law to strengthen the digital resilience of financial institutions, in view of the growing challenges in the digital world and given the high need to shield banks from cyberattacks.
The rest coming soon.
