GREY:XEBEQ - Post by User
Post by
filoux004on Dec 30, 2021 10:35am
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Post# 34270651
Gents and.ladies
Gents and.ladiesCTS my favorite overweight has been dead money for the last six months trading in narrow 1$band. Remember we are only 2$ away from its all-time high and trading at under 2x present run rate of 1.6B in sales annual. Thus CTS avoided the 50 percent haircut on the likes of LSPD and NUVEI. Remember sitting on 500M! War chest for acquisitions 225M cash plus 300M line of credit led by JP Morgan. Shawn Maine stated goal is 500m EBITDA and 5B in sales by 2025. Finally they have a controlling stake in the cybersecurity division Portage which I presume will be IPOd at some point . Last post Shawn Maine has delivered in the past selling Pivotal for 5B to Dell. This one I'm all in and a keeper. DD and gday