Become Wealthy from INTC's Entry into OTT Video Business!
INTC is about to enter the OTT video space and CCUR has the #1 OTT platform that could power INTC's video delivery service from the back-end! CCUR's rival ERIC just paid MSFT just under $200mm to buy their Mediaroom multi-screen platform with a reach of 11mm pay-TV subscribers worldwide. CCUR's MediaHawk technology is rated much better than Mediaroom and CCUR already has a multi-screen reach of 6.3mm pay-TV subscribers! With ERIC paying just under $200mm for MSFT's Mediaroom and its reach of 11mm homes, CCUR's superior MediaHawk technology and its reach of 6.3mm homes is worth approximately $100mm! It is already extremely profitable with non-GAAP EPS last year of $0.35 and set to earn EPS of $0.50 this year!
CCUR at $6.98 currently has a market cap of only $61mm and after subtracting its $24.6mm in cash and $15mm for CCUR's media data intelligence business purchase price, CCUR's real-time and video businesses are only receiving a total of $21.4mm in value or less than 1/3 their current annualized revenue of $66.4mm! CCUR's real-time business powers military simulator devices for 4 of the world's 5 largest defense contracts and has $27.6mm in annualized revenue, which means it's worth well over $21.4mm by itself leaving zero value for CCUR's video business.
CCUR's video delivery solutions business, which includes CCUR's MediaHawk multi-screen video technology, has $33.8mm in annualized revenue and $0.50m in annualized non-GAAP EPS. A valuation of $100mm based on ERIC paying just under $200mm to MSFT for their Mediaroom technology, would cause CCUR to rise by $11.47 or 164% to $18.45! Look for CCUR to first breakout above $10 this week! It has the most bullish looking chart in the whole market!