RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does LTE have a moat?"Some of you seem to think because Haywood and Cormark did a bought deal financing, that that is your due diligence. By stating that, you display your ignorance. These firms are nothing more than transactional companies that need to place money to make money."
Correct me if I'm wrong but didn't every publicly traded company in the world get placed there through underwriting? To say you need to read their reports carefully, do your own additional DD, and use your own brain to make your own mind as to whether you want to invest or not is also understood. If you don't get that buy ETFs. For the record a lot of us have been doing DD well before this last financing and Haywood report.
"To my knowledge, no institutional money has gone into LTE. Had they done so, I that might have piqued my interest."
Seeing as most of this $20 million was placed with institutions of the buy and hold variety and not for flipping out to its clients, you now have your own permission to be piqued. Wrong again, I am calling your BS.
"But they are such a small fish, with limited and defendable intellectual property. They claim to be the world leader in air-blown fiber. If they are the world leader, then they don't really have a market because they did 12M last year. Tiny, tiny, tiny."
They have expertise developed what, about 15 years now? perfecting what they do and more importantly continually innovating on the fly. Their conduit has been placed in the ground that long and have performed flawlessly even that conduit placed in some of the harshest conditions.
And yes they do undertake construction activities but they provide a tremendous amount of technical support and know-how related to fibre installation and integration in mutliple network settings. Griffiths was a BT engineer specializing in fibre for 25 years. He knows it better than the back of his hand. No they don't own patents like biotech or pharmaceutical does. They are true leaders in the microtrenching space, you should have NO doubt about that.
Twelve million in revenues in 15/16 and "tiny, tiny, tiny". Sounds like some of the necessary ingredients for a powerful growth story to me, lol! We shall see if LTE has the right stuff but right now its time for continued patience as we wait to hear more.
Yes you were correct, I was overly optimistic in that I thought we would do $20 million in revenues. But I'd rather be off on that estimate than your 2015 CLASSIC when you stated that LTE would go back to its .25 cent IPO price and might even go below it. Like the other poster said, share price is THE MEASURE (that counts!).
To state that you have been right about everything except stock price is totally laughable BS. Enough said, not going to waste more time looking at your historical postings (and boy I'd be not too happy if you got me out of LTE and missed this ride)
"I am sure that they can make a business out of this and maybe even be profitable. But do the math folks. If they did a $100M revenue a year, they might make $15M in ebitda. If you give them a 6-8x ebitda (which would be generous for this type of company), they are fully valued at todays price. That's a lot of assumptions and a lot of things have to go right for them."
No comment yet. Just practicing the cut and paste for future commentary (and I think making a ton of fun with but we'll see so don't run away yet).
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