Look­ing good for the long term

Finweek English Edition - - MARKET PLACE -

Bid­corp pub­lished ex­cel­lent re­sults, though the stronger rand is tak­ing some shine off the in­ter­na­tional op­er­a­tions. The rand will hurt Bid­corp in some years, but over­all it will be a ben­e­fit as rand strength is never a per­ma­nent fea­ture. The com­pany also has a large cash pile to do more ac­qui­si­tions. While not cheap, this is a great-look­ing long-term in­vest­ment.

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