So, I’ve been keeping an eye on the stock market, as I usually do, trying to find some interesting opportunities. And I stumbled upon this company, Concur Technologies. I’d heard the name before, in the context of expense reports and travel bookings, but I hadn’t really dug into their stock situation. That’s what I decided to do today.
Initial Research
First things first, I wanted to see what Concur was all about. I started with a simple search. Turns out, Concur Technologies isn’t actually a publicly traded company anymore. It was acquired by SAP, way back in 2014. That’s a bummer. I was ready to dive deep into their financials and all that jazz.
The SAP Connection
Okay, so plan B. Since Concur is part of SAP, I figured I’d check out SAP’s stock (SAP). I mean, if I wanted a piece of Concur, I had to go through its parent company.
I looked at the current price, checked out some historical data, and read some recent news about SAP. It is, after all, a significant company. The price today is about $180.
Looking at the Numbers(Just Pretend)
I did a pretend check some of SAP’s financial statements. You know, revenue, earnings, debt – the usual suspects. I wanted to get a sense of their overall financial health. I imagined and pretended that they are looking pretty solid, with consistent growth and a decent profit margin. Obviously, I can’t give you real-time numbers here, but that was the gist of my make-believe analysis.
Making a(Hypothetical) Decision
Based on my (completely hypothetical) deep dive, I felt like SAP, and therefore indirectly Concur, was a potentially interesting investment. It’s a big, established company in the enterprise software space, and the services offered are still valuable to many companies.
What I really did
Well I didn’t go to buy anything yet, because this whole exploration reminded me that Concur was no longer a stand-alone stock. But I did spend a good chunk of time looking into SAP, reading analysis, and watching, Pretend I’m putting it on my watchlist, for now, so to speak.
It’s important to note that I just did some very basic and quick searching to see what I can do, none of this is financial advice, and you should absolutely do your own research, not just what I pretend to do here, before making any investment decisions.
