sorry, but was seriously looking for insight as to what potential market cap here is near-term... not very familiar with pharma market caps for companies at this stage. thanks.
thoughts on potential market cap by, let's say .... January 2018? I'm not that experienced with owning pharma, but have liked the story here and dove in (albeit a bit early), and have been averaging down as I can. This was at about $3.5B end of last year, so there's obviously room to run -- but my question is how far can it go?
the only scary thing about that is that the offer was about 35% less than it's price 6 months ago. def don't want that to happen here ... that would equate to about $10 (ugh)
Oh, and this was just in the general TV area, didn't have time to venture into the Magnolia area -- I'm assuming there was OLED push in there as well.
FWIW was just there yesterday. A LOT of space reserved for samsung quantum dot offers -- like 6 tvs -- while there were only 2 LG OLEDs. And of course, they were in different parts of the display area, so you couldn't do a side-by-side comparison ... Was kind of weird, but not surprised.
and yet .... And during the first quarter, our business generated $4 million in cash flow from operations.
Not particularly inspiring - and other ring a similar theme, though some of the facts (Revs) relayed seem off.
None I can think of. The company is on life support. There is no upside.
The CEO micro-managed the company into the ground and has no vision. He came on board in around 2008, inheriting revenues of around $80M, number of staff of around 250 and 4 office locations. In 2015 revenue had dropped to around $15M with sub $5M outlook for 2016, staff was reduced to about 50 and number of locations to 2. Key staff left out of frustration with him and customers got equally disillusioned with him. H… Show More
Advice to Management
It's too late to turn the ship around. The only viable option is to sell off the company.
eps? it's pulling in $15M/year cash, so will be over $40M cash by eoy. unless they buy back even more stock. this could be taken out soon just for cash, let alone the potential synergy to one of their partners Cisco, intel, etc ... either way, I'm good with being long at @3xrevs ev at this point ...