StockGuru Blog: Commerce Planet (CPNE) Believes Iventa Entitles CPNE to Higher Multiples
Commerce Planet, Inc. New Measuring Stick for Performance with Higher Multiples Stock Guru Profile News Blogs Iventa will have significantly higher margins than CPNE has historically experienced. These will be in the range of fifteen to twenty-five percent higher in some cases. These Iventa opportunities will be more sustainable, longer term, and recurring. Commerce Planet believes it should be compared to a peer group of fully integrated online marketing, e-commerce provider with online and offline customer care and this should entitle it to higher multiples. CPNE HAS NO DEBT — $5M to $5.5M CASH AND RESTRICTED CASH ON HAND. Link…