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Sirius XM Holdings Inc. Message Board

  • jtdmnf533 jtdmnf533 Apr 16, 2013 5:13 AM Flag

    This Stock Could Triple By Early May

    Concurrent (CCUR) could at least triple by early May! Ericsson (ERIC) had big news last week that they are paying Microsoft (MSFT) just below $200mm to acquire MSFT's Mediaroom multi-screen IPTV video software solution in order to gain access to 11mm pay-TV subscribers and increase their reach to 16mm pay-TV households for a 25% share of the multi-screen video market.

    CCUR has deals signed to deploy their multi-screen video IPTV software MediaHawk with the #1 pay-TV companies in Germany, Japan, and the UK. These clients have a total of 14.8mm subscribers and CCUR has already completed 2 of the deployments! These deals will make CCUR #2 in the multi-screen video space after ERIC!

    CCUR has a very low 8.72mm o/s and is trading for just $6.16 with a market cap of only $53.72mm. CCUR has $24.6mm in cash and an enterprise value of only $29.12mm, which is kist 0.44X its annualized revenue of $66.4 million and only 3.5X their cash flow from business operations over the past nine months! CCUR's video delivery business also has the largest video on demand (VOD) market share with a reach of 50mm households worldwide!

    CCUR's video business is currently receiving NO value at $6.16 per share! CCUR spent $15 million to acquire a company Everstream, their Media Data Intelligence (MDI) division, which tracks TV viewing behavior of 35mm pay-TV subscribers, a 35% pay-TV MDI market share. CCUR also owns a "real-time" ultra high performance computer business, which has been in business since 1967 and powers simulation devices widely used in the defense and automobile sectors! Just CCUR's real-time annualized revenues are now $27.6 million and this business is most likely worth over $25 million!

    CCUR's video business now has $33.8 million in annualized revenues and a conservative valuation of $100 million for it would make CCUR a $18.88 per share stock. Just CCUR's real-time and MDI businesses are probably worth $40 million vs. CCUR's enterprise value at $6.16 of $29.12 million!

3.960.00(0.00%)May 24 4:00 PMEDT