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Enter Symbol:
 
Net 1 Ueps Technologies, Inc. (UEPS) [hlAlert]

Rating:
Buy UEPS
down 22.58 %

Net 1 Ueps Technologies, Inc. (UEPS) rated Buy

Posted on: Monday,  Jul 16, 2007  9:25 AM ET by Robert W. Baird

Robert W. Baird rated Buy Net 1 Ueps Technologies, Inc. (NASDAQ: UEPS) on 07/16/2007, when the stock price was $26.70.
Since then, Net 1 Ueps Technologies, Inc. has lost 22.58% as of 01/26/2016's recent price of $20.67.
If you would have followed this Robert W. Baird's recommendation on UEPS, you would have lost 22.58% of your investment in 3116 days.

Net 1 UEPS Technologies, Inc. (Net 1) provides a smart card-based alternative payment system for the unbanked and underbanked populations of developing economies. The Company?s universal electronic payment system (UEPS) uses secure smart cards that operate in real-time but offline. This offline capability means that users of Net 1?s system can enter into transactions at any time with other card holders in even the most remote areas so long as a smart card reader, which is often portable and battery powered, is available. Its system can also be used for banking, healthcare management, international money transfers, voting and identification. The Company has four business segments: transaction-based activities, smart card accounts, financial services, and hardware, software and related technology sales. On August 27, 2008, the Company acquired an 80.1% interest in BGS Smartcard Systems AG (BGS). During the fiscal year ended June 30, 2009, the Company acquired RMT Systems (Pty) Limited.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2007 9:25 AM Buy
None
26.70 33.00
as of 8/27/2015
1 Week up  5.19 %
1 Month up  7.37 %
3 Months up  52.20 %
1 YTD up  136.76 %

(*) Stock Price at the time of the recommendation.
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