RE:$1.3 M CAD in monthly Recurring RevenuesRunSpotRun1 wrote: Not a bad investment by Brisio. $14.4 Million in annual recurring revenues and growing. 38% growth from 2016. 40cents revenue per share. This does not include any realized gains on investments already on Brisio's books.
This should do really good once it comes back from the halt. GLTA.
I would expect a raise. Obviously there is a lot of moving parts that havnt been released yet, but if it turns into an all cash deal and shares issued to cover it (.30, 35, .40??) there could be upwards of 60 million shares outstanding once it’s all said and done. Maybe more with all the warrants out there. I’m just guessing mostly, So .23 c share in revenue anyways.
One can make an argument that there are some pretty high margins to this buisiness. 75% maybe more, given the space it’s in. So going forward, Brisio will have some hefty free cash flow to play with. . And as an investment shell, that is a huge plus.
On the face of it, it is starting to look like Brisio has found its proverbial Geico, in the small cap space. If this thesis proves out, given the tight hands historically holding it, this could really move. It already commanded a premium to book value sans cash for just that reason IMO. With cash on hand this makes BZI very attractive to those desiring a little more security in the small cap world.
Just think; Brisio using cash to acquire buisiness directly (or add value to existing holdings) rather than taking companies public with shares issued to a select few. The value added to share holders already invested would compound nicely. And make his stock that more attractive to those sitting on the fence thinking it was just a small cap etf/holding company relying on individual stock appreciation.
Now that I think about it a little dilution under this premise might just add to positive liquidity. (Have to think about that lol!)
We will have to see how this shakes out, but after thinking about it all day, I’m starting to think that im going to holster the trigger finger a little bit, and see what transpires. After all, Paul Andreola was a pretty big buyer of his own stock all last summer and fall, and often around the highs at the time (.23 if I remember correctly) as well as his own private placement. I’m starting to think this is why..