TSX:BBTV.DB - Post by User
Comment by
CanadianKiaon Aug 15, 2021 10:36pm
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Post# 33708164
RE:BBTV has tonnes of upside from here, says Scotia Capital
RE:BBTV has tonnes of upside from here, says Scotia CapitalThis just proves my point even more!!!!
Postiive EBITDA means no profits for at least 6-9 months.
Hang tight, you will be able to buy these shares at 3-4 bucks or lower soon and then go all in. imagine buying at 3 bucks and sellling at 20 when they are profitable.
dont get into the FOMO. its obvious insiders are trading shares to show enthusiam right now.
stock market is just transferring money to the patient from the impatient.
Mythiot wrote: BBTV has tonnes of upside from here, says Scotia Capital “Management has guided for EBITDA-positive in 2022 which is sooner than we previously expected,” Fan wrote. “Based on our F22 opex estimate of approximately $55 million, we expect BBTV will achieve approximately $55 million of gross profit and $618 million of revenue to reach breakeven. Our revised revenue and gross profit estimates reflect management’s confidence in Plus Solution growth and the continued secular tailwinds of digital advertising.”