Oce NV - Confusion Reigns! Does Anybody Use This Company?
It seemed like a good idea at the time. I chose a few little underpicked stocks just for fun; no money on them, no harm done. Oceny is now outperforming beautifully, and there is no financial data to tell me why. So I am turning to CAPS. The company makes printers, copiers, scanners, etc as mentioned below (taken from their website). I am hoping that somebody reading this uses or has used the products of this company and can give me some feedback on the products and by inference the company. I can ignore a company that just sits and does nothing. One that moves agressively up or down makes me curious. One that moves up or down with no information as to why makes me nervous. Any help out there? - And please leave a rec even if you don't know about this company. I would like for this post to stay around long enough to be found by someone who actually does use the blasted products or can fill in the reasons for the good fortune of the company.
And for those who are interested, this stock has outperformed the S&P by 23% since Jan 26. Reason enough to wonder what is going on and whether it should be looked at further. At the moment, the stock is $3.20 per share. Please feel free to add it to your picks if you like, but understand that I have no idea why it is acting this way so I can not recommend it. This is more like recommending which wall to aim for in "Pin the Tail on the Donkey" while still wearing the blindfold. The whole idea of this blog is to ask help from someone without a blindfold.
"Oce N.V. develops and supplies digital printing systems, software, and services for the production, reproduction, distribution, and management of documents worldwide. The company’s printing systems portfolio includes printers, copiers, and scanners for small and wide formats. The small format systems comprise printers, copiers, and scanners for daily office practice, both stand-alone and for network applications; and printers for various print jobs used by reprographic departments of various companies and commercial print service businesses. The wide format systems consist of printers and scanners for technical drawings, geographical maps and drawings, indoor and outdoor advertising, counter displays, banners and posters, and billboards and wall frontage displays on various paper and plastic materials. The company also offers workflow and output management software for small format print solutions; various software for the preparation, control, and monitoring of complex print jobs from various sources in black and white, and color on various print media. In addition, it offers software to control various printers; print management and distribution software for wide format printers; rasterization and distribution software for display graphics; application software for color reproduction in display graphics and advanced banners; and software to control decentralized printers. Further, the company provides various services, including installation and maintenance of its products; consultancy; document management process services; and financial services, such as rental and leasing. Additionally, it offers various imaging supplies, including rolls of paper, coated and plain paper, sheets, inks and toners for various applications, such as wide format media, display graphics media, print media for office and graphic, and small format media. The company was founded in 1877 and is headquartered in Venlo, the Netherlands."