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Bullboard - Stock Discussion Forum Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company’s segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is... see more

TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > realistic price target for end of calendar year
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Post by bullseye2008 on Mar 18, 2021 10:21pm

realistic price target for end of calendar year

I think that if the growth is steady and expenses are in order this should be at .38-.45 range. Being very conservative
Comment by ExaltedDLo on Mar 19, 2021 8:13am
Been a holder and accumulator since IPO. The current SP doesn't really make sense against their financials or the market, but I think is reflective of their overheads being too high, and their sales and marketing to date having been lacklustre.  That said, I expect to see low 30's by summer, and high 30s/low40s by EoY, based on CURRENT projections. If there is a significant sales ...more  
Comment by canyousayiii on Mar 19, 2021 8:39am
I remain here because I "hope" shareholders can do better than this. But that is as far as I go in terms of SP predictions because if we go back in time, you can go back 2 months, or 2 years, I don't think anyone would have thought we would be here. Personally, gross margins for software don't impress me because of the nature of the product and how costs are allocated. If you ...more  
Comment by panapple42 on Mar 19, 2021 8:44am
IIROC short report out today - 753620 short shares, highest I have ever seen. Fresh orange juice anyone?  LOL. I know you are watching this.....
Comment by panapple42 on Mar 19, 2021 8:45am
don't let these sphincters have your shares.
Comment by panapple42 on Mar 19, 2021 9:23am
Comment by bullseye2008 on Mar 19, 2021 8:48am
I agree, the outstanding shares are disastrous and I presume a reverse split will happen at some point but not yet. The sad part is they are diluting by so much and adding only 5MM and small amounts to their cash on hand. Management should have bought on the open market and instilled some more confidence to shareholders. I don't like the fact that they hide behind warrants and public offerings ...more  
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