Post by
SmilingDog on Nov 19, 2020 11:11am
Anyone else watching this stock?
I'm surprised to see recent weakness, although on very little volume.
This stock feels like a no-brainer. Greenest, lowest-cost cloud infrastrcuture provider in the EU and we all know how fast cloud demand is growing + importance cost + environment. Just commercialized their offering a few months ago. CEO has publically sounded very excited and optimistic about early business wins. Current build-out supports up to $80M of revenue and $65M of EBITDA (per their presentation slides). Management owns 70% of the company so very high internal alignment with shareholders. Stock only trades at $27M USD valuation so huge upside if they execute and scale up the platform. If they could even scale to $30M of EBITDA (half of current build out), that would be many multiples of upside depending on the EBITDA multiple you choose. I would argue at least 7x-10x. What am I missing here?
I'm guessing people are selling due to "investment fatigue" given the lack of news - but would love to hear if there are any other takes out there.
Comment by
Kiritman on Nov 19, 2020 11:28am
Thanks for the info...Even i like the company has huge potential.
Comment by
SmilingDog on Nov 19, 2020 11:35am
No problem. The company is just so under the radar given it only has $5M-$8M of available float that is actually up grabs (mgmt owns 70%). Management is also not very promotional so they are tough to discover. As a result no one talks about it. It'd be nice to find at least a few people who are interested.
Comment by
Kiritman on Nov 20, 2020 11:22am
Yeah its very undervalued. I just created a account and it took 1 day to get my credentials. Its amazing. I agree may b SP is low coz of news or lack of PR. If they release any revenues may b people will catch it. im here for long for sure.
Comment by
Kiritman on Nov 20, 2020 2:52pm
https://www.hydro66.com/start-your-free-trial/ Free trail. just to explore. Kind of AWS(Amazon web services)
Comment by
SmilingDog on Nov 20, 2020 3:49pm
Thanks I'm going to check that out
Comment by
Kiritman on Nov 21, 2020 12:31am
It has Live support 24/7. was having an issue and immediately it got solved. Im really impressed with this company. I created a virtual server and its working like a charm.