RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Massive upsideI'm assuming that a lot of you bought the stock during the early days solely based on Bruce's name and fame at the time. If we look at the fundamentals at that time, their portfolio still consisted of only legacy businesses without upside that could justify such a high valuation (it even hit over a dollar a share on two occasions). The Savision and Mitel segments provided steady and high margin revenues, but it wasn't that attractive and did not offer high double digits growth potential.
MTLO came out as a public company in with a build-and-buy strategy story afterall. It's not surprising that the SP suffered as they didn't acquire anything attractive yet to build on and scale up.. Until last year, when they finally found an attractive target with the acquisition/integration of GSX. This one actually has double digits growth potential written all over it. The DEM segment has all the upside, it's a lucrative market in a favourable environment with increasing demand. This is what caught my interest in the stock now. Not just the big names on the company's board.
In terms of fundamentals, I see a current SP that is extremely undervalued and the growth potential is there. I don't think there'll be a better opportunity to invest in terms of timing. As the company shows organic growth from the acquision, the SP will re-adjust upwards to reflect its true value.
The company will be able to make further M&As moves with a better SP, continue to increase in size and profitability. Only then the talks about reverse stock split will come with the potential to move to the bigger exchanges and attract insitutional investors. That's when having the big names on the board could be useful. Prior to all this, the company was still way too small to make any impact and its portfolio was not attractive enough without the double digits growth profile.