Is TNE becoming a buy?

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Question asked 22/01/2022

Is TNE becoming a buy?

Hi James and Team Tech has come off the boil but hopefully will again have it's time. I have always wanted to own a piece of TNE but always saw them as very expensive.Their share price has corrected quite a bit. Is TNE becoming a buy? Can MM please recommend or suggest an entry price. Thanks, JanP

Answer

Hi Jan,

After correcting over 23% we believe the financial management and software solutions business TNE, like a number of the tech names, is showing reasonable risk / reward for at least a bounce, we like TNE around $10.50.

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Technology One (TNE)

LAST UPDATED 22/01/2022 09:30

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