Sunday, March 13, 2016
CAMBRIDGE TECHNOLOGY ENTERPRISES LTD. 532801 : A fast growing company in cloud computing : Future multi bagger Buy at CMP : 105-110
Cambridge Technology Enterprises (CTE) is a global business and technology services company. Recognized as a thought leader and innovator of enterprises solutions, it is helping companies today to capitalize on convergence of Cloud and Big Data.
Cambridge Technology Enterprises (CTE) has been an AWS (Amazon Web Services) partner since November 2009, since then CTE has developed a deep relationship with AWS spanning all disciplines in the organization and has invested heavily in the AWS technology stack. Currently CTE has more than thirty AWS certified Solutions Architects and a large percentage of our technical, sales and administrative staff have achieved the AWS Business and Technical Professional accreditation.
Nine months ending 31 Dec 2015 vs. Nine months ending 31 Dec 2014
Revenue: 127 percent increase
EBITDA: 599 percent increase
Net profits: 1344 percent increase
Quarter ending 31 Dec 2015 vs. Quarter ending 31 Dec 2014
Revenue: 165 percent increase
EBITDA: 426 percent increase
Net profits: 660 percent increase
CTE has reinforced its US presence by opening offices in Atlanta and Boston and now include Kansas, Louisville, Atlanta, Boston, Seattle, and Pittsburgh. CTE also launched Cambridge Innovations (CI; www.c7e.io) in Q3FY16. CI was launched to partner with the most innovative new U.S. start-ups leveraging big data and cloud for transformative disruption.
With this innovative platform, CTE aims to:Generate revenue, from contracts and build future clients for CTE from a pool of tomorrow’s leaders.Attract and retain talent, gives our employees an advantage to work on innovative solutions.Capture financial upside from equity.
CI aims to invest in 12 companies by March 2017 and has made 6 investments -RoadZen, Causemo, Authess, AntHill Ventures, PhotoKharma, and MyCrowd,.
Long term investor may invest in the fast growing company n area of Big Data & Cloud services from 2-3 year horizon for multiple returns
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hi can we hold cte for long term
ReplyDeletemadhu
Hi Madhu,
ReplyDeleteCTE is currently asmall cap in a fast growing field of cloud computing which is projected as future for IT companies.Such companies are always difficult to anaylyse based upon historical performance and type of client it has one can stay positive from long term basis with continued focus on performance of company.Such companies will always enjoy high PE due to nature of business
hi
ReplyDeletecan u update CTE with lower n upper circuit is it negatavive factor
madhu
Hi madhu company is doing well you may stay invested or buy fresh for long term gains
ReplyDeleteDoes Cambridge have any operations in India?
ReplyDeleteshould we quit from CTE as its falling day by day with not much info.
ReplyDelete