Daily Brief TMT/Internet: Roland DG Corp, SCREEN Holdings, Invesco QQQ Trust Series 1, Broadridge Financial Solutions, Inc, Weave Communications Inc and more

• Taiyo Pacific Partners took the original parent company (Roland Corp (7944 JP) of Roland DG Corp (6789 JP) private in 2014. It was re-listed in 2020. 
• Roland DG is one of the world’s leading large format digital printer manufacturers. They also make some interesting medical devices and systemic tools, and 3D milling/printing/engraving/photo impact machines.
• This TOB is at a 30.1% premium. Almost a 10yr high. But it is not expensive. And even if TPP has 20%, there is a LOT of float left over.

• SCREEN Holdings (7735 JP) could be added to a global index at the end of the month and there will be a lot of buying in the stock.
• There is a fair bit of positioning for the potential passive buying and there will be supply in the stock.
• However, the stock trades cheaper than its peers and a correction could provide an opportunity for long-term investors to enter the stock.

• We believe the current AI-driven rally has a long way to run. Market mania tops are characterized by excessive froth, which is not in evidence today.
• In the short run, price momentum in technology stocks is faltering, and these stocks can pull back at any time.
• We would regard any pullback in these stocks as a buying opportunity.

• The latest earnings call transcript for Broadridge Financial Solutions reveals steady growth and a positive fiscal year outlook.
• Broadridge achieved impressive Q2 results, with healthy organic growth across both segments aligning with their long-term goals.
• Strong fund position growth and mid-single-digit equity position growth contributed to their financial performance.

Key points (machine generated)

• Weave Communications is a SaaS business that offers communications software for specific vertical markets like dentists, veterinarians, optometrists, and small medical practices.
• The company has shown impressive growth at a rate of 20% and is on the precipice of becoming profitable.
• Weave is currently undervalued, trading at only 2x sales, despite its promising performance and potential for profitability. 

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.