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PowerShares QQQ ETF Message Board

  • frankf4u489 frankf4u489 Apr 16, 2013 6:37 AM Flag

    ****A Stock Set to Triple****

    Concurrent (CCUR) could triple in the short-term. Ericsson (ERIC) announced last week they are paying Microsoft (MSFT) almost $200mm to acquire their Mediaroom multi-screen video software in order to increase their multi-screen video reach by 11mm pay-TV households to 16mm for a multi-screen market share of 25%. CCUR's MediaHawk multi-screen video delivery platform is superior to Mediaroom and CCUR has multi-screen deals already signed with the #1 largest cable TV companies in Germany, Japan, and the UK. CCUR's multi-screen clients have a total of 14.8 million subscribers, which will make CCUR #2 in this space behind ERIC.

    CCUR only has 8.72mm o/s and is trading for $6.16 with a market cap of $53.715 million. CCUR has $24.6 million in cash, giving CCUR an enterprise value of only $29.115 million, which is less than half its annualized revenue of $66.4 million and only 3.5X its cash flow from operations over the last three quarters! CCUR's video business also has the #1 largest video-on-demand (VOD) market share with a global reach of 50 million households yet is currently receiving zero value!

    CCUR spent $15 million to acquire their Everstream Media Data Intelligence (MDI) business, which tracks the viewing behavior of 35mm pay TV subscribers for a 35% market share in the MDI space. CCUR also owns a "real-time" high performance computer processor business that powers many simulator devices in the defense and aerospace industry. It has annualized revenue of $27.6 million with 4 of the top 5 defense contractors as clients. This business is most likely worth $25-$30 million by itself!

    CCUR's multi-screen video delivery business with $33.8 million in annualized revenue is currently receiving zero value, when it could be worth anywhere from $50-$200 million! CCUR is very profitable with its EPS up over 100% the last two quarters straight!

 
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