BBTV Holdings 7 Unsecured Convertible Debentures T.BBTV.DB

Communication Services

BBTV Holdings Inc is a media and technology company. It provides end-to-end management, distribution, and monetization of content. The company's revenue is generated from direct Ad sales, advertising, content management, and mobile gaming apps. Geographically, the group derives revenue from Canada and India, of which prime revenue is generated from Canada.

TSX:BBTV.DB - Post by User

BBTV Holdings 7 Unsecured Convertible Debentures > Bbtv new purchase

<< Previous

Bullboard Posts

Next >>

Comment by CanadianKiaon Oct 28, 2022 8:17am

139 Views

Post# 35055251

RE:RE:Bbtv new purchase

Exactly.

Just because a company acquires another company doesnt:
1. make it a good decision
2. lead to profitbability

with the current financial climate, i have no idea why you would be crazy enough to take on more finacial obligations. Clearly they're passing it off as an income stream, but we have seen on paper how they are performing and its not pretty.

lets see if this brings the shares to 14 bucks like everyone keeps promising.

No one with basic understanding of financials can see a positive in this move and for the love of God, people should ACTUALLY read their Financial Statements. its all RIGHT THERE!

AlwaysLong683 wrote:

JohnnyStonks wrote:
Acquisition are a sign of a dying company, right?

Companies with a large debt load during a period of rising interest rates are vulnerable regardless of tuck-in acquisitions IMO. May be a case of whistling past the graveyard....?

BBTV Financial Statements dated June 30, 2022:

Current Assets: 46M

Current Liabilities: 80M

Goodwill: 157M or 42% of the 371M in total assets
(this is what you get when the company is a serial acqurier of other companies)

Now add high inflation and rising interest rates to the mix.

Personally, I wouldn't touch this company.