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Bullboard - Stock Discussion Forum SSC Security Services Corp V.SECU

Alternate Symbol(s):  SECUF

SSC Security Services Corp. is a Canada-based holding company. The Company provides physical, cyber and electronic security services across Canada through two operating subsidiaries: SRG Security Resource Group Inc. and Logixx Security Inc. The Company has two segments: Security and Legacy Operations. Security segment provides security services to primarily commercial and public sector clients.... see more

TSXV:SECU - Post Discussion

SSC Security Services Corp > SSC share price is $2.44 by 2027 $7.00 to $9.00
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Post by laurencelefou on Jun 02, 2022 11:46am

SSC share price is $2.44 by 2027 $7.00 to $9.00

SSC is on a path to acquire security businesses and its stated goal is to reach, by 2027, annual revenue of $300,000,000 and EBITDA of $15,000,000.

If SSC grows the business to $300,000,000 in annual revenue, then by 2027 Operating cash flows could range between $12,000,000 and $15,000,000.

By 2027 market value could be between

$150,000,000 ($12,000,000 X 12.5)

$187,500,000 ($15,000,000 X 12.5)

Share price would be between $7.00 and $9.00. (The number of outstanding shares and options in the money is 20,455,134)

The current share price is $2.44 and as of March 31, 2022, shareholder value is $72,415,000 or $3.66 per outstanding share.

It is likely than the end game for SSC will be to sale the company to Securitas (SECU.B-ST) or to Guarda World. SSC also pays a dividend, the current yield is 4.9%.  Long-term investor will benefit from an annual dividend, an annual share price gain and from an eventual buyout.


https://www.youtube.com/watch?v=DMILQXpmN1U&feature=youtu.be
 
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