Net 1 Ueps Technologies, Inc. (NASDAQ:UEPS)

CAPS Rating: 5 out of 5

The Company provides universal electronic payment system as an alternative payment system for the unbanked and under-banked populations of developing economies.

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Player Avatar whomonkyoulus (28.88) Submitted: 10/26/2010 4:01:42 PM : Outperform Start Price: $11.96 UEPS Score: -39.97

After backing out 300 million in cash, it has aPE of 2.5 --> 6If people really use this, then chances are that the government is not going to get rid of them, though profits may decline. At a PE of 2 though, I think there is room for error, and with 300 mill. in cash, they almost have enough to start over in another country.

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