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PWR at R56.15 is trading at a reasonable valuation for a tech play with solid revenue momentum, but you need to watch the cash flow conversion closely because IoT logistics names can burn through capital if they overextend. The dividend yield is modest and earnings growth will be
PWR up 6.26% today on what looks like solid tech momentum, but the stock's been volatile. Anyone tracking the revenue growth here or is this just short covering?
Fleet tracking is a boring business but it works. PWR needs to crack into the big logistics outfits here in SA, that's where the margin is. Once they land a contract with one of the top courier or transport groups, share price follows. At R56 you're not paying crazy money for it either.
PWR tracking hardware getting cheap at R56.15 but where's the revenue growth. Fleet management space is crowded, Solutech, Bytes pushing hard. Need to see margin expansion or this stays range bound for years.
interesting numbers on the recurring revenue side, fwiw the SaaS margins are starting to show real traction if you look past the rand headwinds. PWR's tracking their customer retention pretty tightly and the fleet management space is only getting bigger as logistics companies get more desperate on costs. my reading of this is the stock ran hard but the actual business underneath isn't priced in yet, could be wrong but worth holding through the noise
PWR closed at R56.15 and fleet management plays globally are hot right now. tracking software recurring revenue model beats one-off hardware sales any day. if they can keep converting SME clients in SA and push into SADC you've got a compounding machine. worth watching the next earnings for gross margin expansion.
PWR up 6.26% to R56.15, outpacing most of the tech sector today. The IoT/fleet management play is trading at a more reasonable valuation than peers like Digi International, which makes this pop worth watching if revenue growth accelerates next quarter.
Fleet tracking isn't sexy but it's sticky, and PWR's recurring revenue model puts them in the same neighbourhood as Datatrak or Altron's logistics plays. The real question is whether they can grow subscribers faster than the rand weakens their dollar earnings. R62 feels reasonable if management can prove the US expansion isn't just burning cash.
Not sure about this one. Fleet tracking is solid but where's the revenue growth. R62 is a decent entry if they can actually convert their pipeline, otherwise we're just holding a software story with margin pressure like everyone else in the space.
After reading the second document, what anyone should read is the recurring revenue base they built out of Sensormatic. Fleet management isn't sexy but ngl it's the sticky stuff, customers don't rip and replace that easily. Problem is growth's slowed and at R62.32 you're paying for the old story not the new one.
Good Morning Everyone, PWR closed at R65.22 yesterday. Fleet management software is sticky revenue, recurring contracts, margins improve as you scale. Company's got real enterprise clients locked in, not a meme play. This is the kind of boring business that compounds over five years.
pwr sitting at r65.22 and the fleet tracking space is getting crowded but powerfleet's got the recurring revenue model that actually sticks, ngl the institutional buyers know this which is why we keep seeing accumulation on dips instead of panic dumps like other tech names
pwr sitting at r65.22 and fleet management plays are actually moving globally, real demand for asset tracking coming through. risk reward is very compelling here if they keep signing enterprise clients, more eyes on the prize once earnings confirm the growth trajectory.
PWR's up 6.26% today but the real story is whether management can turn those IoT margins around. Revenue growth is decent enough, yet the P/E multiple suggests the market is still pricing in execution risk on their fleet tracking solutions, so this bounce could be noise if they d
Good morning everyone. PWR closed R57.79 yesterday, still getting hammered from that earnings miss last quarter. Fleet management software is solid long term but they need to show Africa expansion working, especially with load-shedding pushing more companies to track assets properly. Worth watching the next SENS for guidance on customer retention.
PWR closing at R57.79 is decent but fleet management space is getting crowded with bigger players. Revenue growth been solid but margins need work if they wanna compete long term. Holding for now, reckon tracking and logistics optimization is only gonna get more demand post load-shedding era.
PWR at R57.79 is still cheap for what they do in fleet management. Software margins are proper and recurring revenue model is solid, not some dodgy one-off deal. Good day to top up if you believe in the logistics digitalization theme over next few years.
Good morning everyone. PWR closed at R57.79 yesterday, fleet management software plays have been under pressure but the tracking and asset optimization space is growing. Their recurring revenue model from clients needing real-time vehicle monitoring should hold up even if macro gets rougher. Worth reading their latest SENS if you're thinking longer term on this one.
Current R 56,15 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.