It’s been a while since I did a proper stock writeup. I’m now working full time, have been very busy and just moved out so the length, frequency and quality of posts on this substack will likely drop due to time constraints. However, I appreciate everyone who reads what I write and thinks I have something worthwhile to say. This month I think I have a unique and interesting idea that I haven’t seen anywhere else. A tiny, illiquid, unloved company with a little bit of sex appeal.
"While there’s risks to any stock, this is a $6m over the counter listed shitco that’s traded sideways for a decade." I guess you said it yourself. With no dividend/buyback, the money never comes back to you. As its not a growth story , you massivly rely on Multiple Expansion. That will be hard, once their NOL has reached and taxed has to be payed, multiple expansion will happen , but not in the favor of the stock holder.
Anyways thanks for presenting such interesting stocks. Never heard of them and i like niches. But my (short) experience has taught me. No Catalyst, nothing will change. This could be a interesting stock if someone has a good normalized earnings calculation that shows their potential , or if management is showing signs of a better capital allocation. Till then it should be a watch list item :)
"While there’s risks to any stock, this is a $6m over the counter listed shitco that’s traded sideways for a decade." I guess you said it yourself. With no dividend/buyback, the money never comes back to you. As its not a growth story , you massivly rely on Multiple Expansion. That will be hard, once their NOL has reached and taxed has to be payed, multiple expansion will happen , but not in the favor of the stock holder.
Anyways thanks for presenting such interesting stocks. Never heard of them and i like niches. But my (short) experience has taught me. No Catalyst, nothing will change. This could be a interesting stock if someone has a good normalized earnings calculation that shows their potential , or if management is showing signs of a better capital allocation. Till then it should be a watch list item :)
Interesting company, nice write-up, thanks.