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3 amazing tech shares you can buy for less than a cup of coffee

Credit: tenaciousme

There’s certainly not much you can buy these days with a crisp new $5 note in your pocket. In fact the last time I was in one of Retail Food Group Limited’s (ASX: RFG) many Gloria Jean’s Coffees franchises I paid $5.10 for my large caffé latte.

Incredibly for less than the price of the coffee I could have bought a share of one of these amazing tech companies instead.

Class Ltd (ASX: CL1)

The shares of this provider of self-managed super fund software are currently changing hands at $3.55. Class recently reported that it had increased its share of the market to an impressive 19.2%, following a 37% lift in billable portfolios to 112,441. Thanks to the signing of its largest single contract for cloud-based SMSF software services with leading financial advisory and accounting services company Findex, its market share looks likely to continue to expand in FY 2017 in my opinion.

iSentia Group Ltd (ASX: ISD)

This company is one of the global leaders in the delivery of crucial business intelligence thanks partly to its hugely popular Mediaportal platform. Currently iSentia shares can be picked up for $3.90 a piece. The company recently reported solid full year results which revealed a 23.6% rise in net profit after tax to $24.3 million. Driving the strong result was a 51% increase in revenue from its Asia/Rest of the World division and a better-than-expected performance from the recently acquired King Content business.

MNF Group Ltd (ASX: MNF)

The shares of this leading provider of voice-based internet communications and the company behind the My Net Fone brand are currently priced at $4.30. I’m a big fan of the company and believe it will deliver on its goal of becoming a leading global wholesale voice minutes provider. The acquisition of New Zealand-based global voice services provider TZNI last year has certainly put it on the right path. TZNI contributed strongly in FY 2016 and has been displaying excellent prospects going into FY 2017 according to MNF Group’s management.

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Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of Class Limited and Retail Food Group. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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