Now Geodesic is the company I met for the first time two-and-half year's ago at a conference in Mumbai and at the time I admit I was sceptical. I discounted the exclusive growth in the mobile application and telecommunications value added services. But you look at the record they have had of again topline growth, margin expansion, healthy balance sheet, cash flows and it surprises that it trades where it does – this is another one, which is probably trading at 30-40% discount to where it should be.
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