OUT-PERFORMANCE for Global Soft? Our search for value amid the ongoing liquidity drive has brought us to the relatively low profiled Global Soft (MSC) Bhd (74.5 sen) – a recently listed Mesdaq company which specialises in the software segment of the IT industry. We believe Global Soft offers good potential due to its attractive valuation, high margins and promising track record. While overall IT demand remains rather lacklustre this year, we find Global Soft surging ahead on the back of market share gains and new product introductions.
New growth area? Global Soft is an Enterprise Resource Planning (ERP) player which has recently made inroads into the sale and installation of theme park software, marketed under the name of Global E-Ticketing.
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