BearingPoint, Inc. (NASDAQOTCBB:BGPT.DL)
CAPS Rating:
The Company engaged in strategic consulting applications services, technology solutions and managed services to government organizations.
The Company engaged in strategic consulting applications services, technology solutions and managed services to government organizations.
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Recs
Read through weak financials and leadership. There is real value in BE’s pool 17,300 smart and talented individuals with many long term contracts. This is a ship that can be turned around, or bought and turned around.
I expect the firm to be purchased within 1 year, or sooner if management cannot show immediate improvements.
Bearing Point is trading at 0.14x Sales. Accenture trades at 0.87x Sales. IBM and Accenture are possible take over players.