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SSC Security Services Corp V.SECU

Alternate Symbol(s):  SECUF

SSC Security Services Corp. is a national provider of cyber, physical and electronic security services to corporate and public sector clients across Canada, through its subsidiary, Logixx Security Inc. The Company's segments include Security Services, Legacy Operations, and Corporate. The Security Services segment provides security services to primarily commercial and public sector clients. Services include cybersecurity services, protective services as well as security system design, sales, installations, and monitoring and alarm response. Under cybersecurity services, it provides managed security services (MSS), vulnerability and risk analysis, cybersecurity consulting services, CISO consulting, and others. Under physical security services, it provides on-site security guard, remote continuous camera monitoring, mobile patrol and investigative services. Under electronic security services, it designs, builds, installs, and monitors electronic security systems for corporate clients.


TSXV:SECU - Post by User

Post by laurencelefouon Jun 02, 2022 11:46am
272 Views
Post# 34726680

SSC share price is $2.44 by 2027 $7.00 to $9.00

SSC share price is $2.44 by 2027 $7.00 to $9.00
SSC is on a path to acquire security businesses and its stated goal is to reach, by 2027, annual revenue of $300,000,000 and EBITDA of $15,000,000.

If SSC grows the business to $300,000,000 in annual revenue, then by 2027 Operating cash flows could range between $12,000,000 and $15,000,000.

By 2027 market value could be between

$150,000,000 ($12,000,000 X 12.5)

$187,500,000 ($15,000,000 X 12.5)

Share price would be between $7.00 and $9.00. (The number of outstanding shares and options in the money is 20,455,134)

The current share price is $2.44 and as of March 31, 2022, shareholder value is $72,415,000 or $3.66 per outstanding share.

It is likely than the end game for SSC will be to sale the company to Securitas (SECU.B-ST) or to Guarda World. SSC also pays a dividend, the current yield is 4.9%.  Long-term investor will benefit from an annual dividend, an annual share price gain and from an eventual buyout.


https://www.youtube.com/watch?v=DMILQXpmN1U&feature=youtu.be
 
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