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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Comment by SimpleDudeon Dec 05, 2017 11:35pm
231 Views
Post# 27098049

RE:I'm buying and buying more

RE:I'm buying and buying moreLol, that's an optimistic and fun post. 

For the most part I agree though. I jumped in recently as there seems to be value. The stock is currently trading below it's book value which is around $0.44Cdn. It has a great balance sheet, and a very good gross margin. It's losses from the last two years can largely be attributed to a near 3 fold increase in its research, development, selling and admin costs - which isn't necessarily bad for a company that wants to grow in a relatively new field.

Still risky as always, but seems to be a good entry point on the surface.
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