Dec 14th 2007 - Edison Investment Research today published a report on Idox (IDOX.L, LSE:IDOX, LON:IDOX) entitled "Consolidating Sector". In summary, the report says:
The highly successful integration of CAPS highlights the scale of benefits achievable from mergers. We believe IDOX is well positioned to benefit from further consolidation in its sector. FY07 net cash was ahead of our forecasts and with significant momentum in the core software division the shares look undervalued trading on a single digit P/E.
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