GREY:BSMZF - Post Discussion
Post by
retiredcf on Mar 02, 2017 8:26am
Khatri
Here are the full details. GLTA
https://www.bnn.ca/video/veeral-khatri-s-top-picks~1067731 TOP PICKS:
BSM Technologies (GPS.TO)
BSM Technologies is a leading provider of telematics/fleet tracking hardware and software in North America. We see strong secular tailwinds for this company, as telematics services are still largely underpenetrated in the continent (only 20 per cent of North American commercial “fleets” use telematics). There’s also been a lot of consolidation in the space, with two of company’s larger competitors being recently acquired for multiples much higher than where BSM trades.
We also like the fact that activist investor Crescendo Partners owns over 10 per cent of the company and has representation on the board. BSM’s stock trades at two times revenue, whereas recent acquisitions in the space have been for four times revenue and higher.
2017-02-28 TOP PICK Veeral Khatri A Canadian software/hardware company which operates in the telematics space. Very much a secular growth story. They provide hardware which goes into trucks, such as UPS, and tracks how efficient a truck is being on fuel, following its routes correctly, as well as safety things like seatbelts being buckled, etc. Sends the data back to the head office to assess. There is a lot of competition, but they operate in several niches that insulates them from the general competition. (Analysts’ price target is $2.00)
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Price:
$1.450
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
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