Planet Payment, Inc. (“Planet” or “the company”) is a defensible, emerging growth company whose dynamic currency conversion technology is being rapidly adopted by some of the largest payment processors and acquiring banks in the world. We believe the current stock price of $4.30 per share undervalues the company and that Planet’s impending re-IPO on the NASDAQ will serve as a catalyst to unlock value from current trading levels.
We believe the company has an intrinsic worth of $8 per share. Planet Payment, Inc. (“Planet” or “the company”) is a defensible, emerging growth company whose dynamic currency conversion technology is being rapidly adopted by some of the largest payment processors and acquiring banks in the world. We believe the current stock price of $4.30 per share undervalues the company and that Planet’s impending re-IPO on the NASDAQ will serve as a catalyst to unlock value from current trading levels.
We believe the company has an intrinsic worth of $8 per share.
Planet Payment Report Final2
presciencefunds
