The biggest tech boom on Wall Street will soon be Smart TVs and a tiny undiscovered Smart TV play could soon rise over 100%! NFLX is up 173% in 2013 due to all Smart TV makers now including NFLX's Smart TV app, allowing consumers to watch unlimited TV shows/movies on Smart TVs for only $7.99 per mo with just high-speed Internet and no set-top box. The cost of Cable TV is rising faster than all other goods and services, and Smart TVs are encouraging consumers to cut the cord on cable.
Cable TV operators are now investing heavily to battle back in the Smart TV war. The early pioneers are Time Warner Cable (TWC), the #2 largest U.S. cable TV operator, and a tiny undiscovered company Concurrent (CCUR). Samsung has today's top Smart TV platform and just last week, TWC launched a Samsung Smart TV app that will allow their subscribers to watch 5,000 VOD movies/TV shows without a set-top box. CCUR's innovative technology is powering TWC's new Smart TV app. CCUR's MediaHawk multi-screen CDN solution allows cable TV operators to deliver VOD content over their CDNs to any IP-connected device.
Over the last nine months, CCUR's U.S. revenues grew 35% YOY, fueled in large part by TWC, which in early 2013 deployed CCUR's MediaHawk to launch new iOS/Android apps that allow their subscribers to watch VOD content on their tablets/smartphones. CCUR's 3Q EPS grew 175% YOY and CCUR's 4Q results coming later this month could be extremely strong due to TWC launching their new Samsung Smart TV app using CCUR's MediaHawk platform, and CCUR recently signing Virgin Media, the #1 cable TV operator in the UK, as its brand new CDN client!
CCUR at $8.29 has an enterprise value of only $50.2 million or 0.79X revenues. CCUR's top rival SEAC has an enterprise value/revenue ratio of 1.78, which would value CCUR at $15.41! CCUR has a higher gross margin than SEAC, and a positive operating margin vs. SEAC's negative operating margin! CCUR just doubled its dividend and now pays a HUGE yield of 5.8%!
When you can quote total write offs at Samsung 2009-2013, I'll believe you might know what your talking about. All the talk wont make it happen. Would you like a 3D set? Who will be making them in 2014? How many players in this space? I own three right now, no wait, but I know, I'll make it thinner or smaller or really shiny with a P button. Your a tool.