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BlackBerry Limited Message Board

  • bbajf591 bbajf591 Aug 13, 2013 9:33 AM Flag

    Bouncing Big and Ready to Explode to New 52-Week Highs!

    CCUR began bouncing big on Monday and looks ready to explode to new 52-week highs! CCUR was the world's first company to commercially launch video on demand (VOD) in their deployment for Time Warner Cable (TWC) over a decade ago, which caused CCUR to briefly become a billion dollar market cap company. Today, CCUR holds the #1 VOD market share with a reach of 50mm households and its business is booming big time again as its cable TV operator clients like TWC rapidly expand services to all new screens including tablets, smartphones and Smart TVs.

    Just a few days ago, TWC became the first cable TV operator to launch a Smart TV app, when TWC launched their Samsung Smart TV app offering 5,000 on demand TV shows and movies without the need for a set-top box. TWC is using CCUR's technology to power this app!

    CCUR closed yesterday at $8.07 per share with an extremely undervalued enterprise value of only $48.27mm or 0.76X revenues and 8.62X free cash flow. CCUR's EPS last quarter was up 175% year-over-year and CCUR's 4Q EPS to be reported later this month is projected to be up 350% year-over-year. CCUR had $22.37mm in cash at the end of their fiscal 3Q and when they report fiscal 4Q results this month, CCUR will probably finish fiscal year 2013 with cash of between $28mm and $30mm.

    After CCUR potentially reports blow out earnings this month, they will make their next HUGE dividend payment in early September. CCUR currently pays an enormous dividend yield of 5.95%, the highest in its industry. CCUR's top two rivals SEAC and HLIT don't pay any dividends and have much lower gross and operating profit margins, yet SEAC and HLIT currently have an average enterprise value/revenue ratio of 1.50, which values CCUR at $13.39 per share - and an average enterprise value/free cash flow ratio of 16.45, which values CCUR at $13.08 per share.

    After CCUR's August 27th 10-K filing, an enterprise value/free cash flow ratio of 16.45 will likely value CCUR between $16 and $17 per share!

6.785+0.180(+2.73%)Oct 6 3:59 PMEDT