RE:Next Sierra WirelessIs that organic rev growth or acqun?
It was a $20MM oer so annual rev coy up to 2011 and then that doubled in 2011 when they bought Sinnclair for less than 1 times sale acqun costs. They have been in same range these past years ($8MM to $10MM qtrly revs) so it is quite a stretch to get to $100MM annual run rate. Still with their new Atomic line and other offerings they must be contemplating bigger days ahead, espec with their new US listing and realistic consolidation. If they achieve their 2c pre-consolidation qtly bottom line they are undervalkued at today's price BUT they need to 'sell' the coy to institutional investors (that is why I referenced that previous analyst). They have 3 show events in coming months, should help, but it is difficult to buy a stock that has bids 20c less than the offer!!!!