TSX:BBTV.DB - Post by User
Post by
TDavison Nov 04, 2020 2:05am
259 Views
Post# 31834678
Strong Fundamentals
Strong Fundamentals This stock is undervalued when compared to other tech/media companies. The IPO was on a day that Dow dropped over 900 points and every tech company was in the red.
I usually look at tech companies based on the following:
-
Who is on the board
-
Ryan Holmes: say what you will about him but you can’t dispute that he built a very successful company - Hootsuite
-
Hamed Shahbazi: He is the founder and CEO of WELL Health Technologies (market cap > $1B) not to mention his previous company, Tio which was sold to PayPal for over $300M
-
Shahrzad Rafati: She has built a successful brand, great media presence with solid networks in silicon valley
-
CFO Todd Tappin, an all star in the tech/media space
-
BBTV’s current evaluation is less than 1X gross revenue while other tech companies are hovering around 10X (ie Nuvei is over 28X and Dye and Durham is over 15X).
What you’re seeing with the stock price is market manipulation by short sellers capitalizing on the IPO downtrend (just look at the cross anonymous trades) but long term the future of media is cutting the cord (NETFLIX, AMAZON, APPLE, DISNEY etc) BBTV has eyeballs and is at forefront of tech driven digital media. Their revenue model is multi directional. It's just a matter of time before analysts pick this up..