this is not a stock for the faint of heartthe volatility on the stock is incredible...and people who understand this business can profit off the fickle investors...
Highlights for this stock (trading at around $2.40 today)
- little to no debt
- approx $1/share...means you are paying $1.40/share for the business
- the business has $200M conservatively in guarenteed contracts as of today...assuming a 1-time payment...that's almost $2/share.
- add up cash and guarenteed contracts an you're at around $3/share...therefore, you can buy the shares at $2.40 with a $3 base
- Global patent portfolio (42% US, 58% rest of world) (15,000 patents in 50 different patent families)
- partnerships with top leading universities (Waterloo, Sask.) and corporations (Samsung, Panasonic)..40 altogether
- Licenses with largest corporations (LG, Samsung, TCL)
- 60 litigations in the pipeline
- strong free cash flow
- approx $900M-$1B addressable market (350M in wire/less, 400M in semi, 50M in TV, 150M in rest)
My belief is that if Wi-Lan can show that other jurisdictions such as Canada, Europe (Germany), and Japan are friendlier than the U.S....some vulture comes along and eats this company up on the cheap..
summary (w/approximations)
- $1.00/share in cash
- $2.40 market price
- $3.00 base price (assumption: SIGNED contracts get paid out today)
- appox $8/share in potential revenue
007YG