Data Communications Management Corp T.DCM

What has been accomplished since the ERP malfunction

[KnowledgeSeekr8]

There are a lot of people on this board (feels like most) that are just negative about everything on DCM.

I would like to point out that after they absolutely did drop the ball on the ERP right before a global pandemic, they have really turned things around. They have generated gobs of cash and reduced debt tremendously. Enough so, that they have been able to gain loans for a top chartered bank in Canada at a really decent interest rate. These things don't just happen if they have no clue what they are doing or can't convince these larger banks of their strategy and financials. I'm not sure if anyone on here has actually dealt with obtaining large loan amounts they would understand. But I am currently working with one of those chartered banks to sign a $50 million line and it has been tough with many different financial models, projections, collateral and assurances. This for a building and not operating debt like DCM has been granted. We generate over $20 million in profit each year, have over $150 million in assets and have zero debt currently. There is NO WAY they got this loan without the bank being impressed.

We all know that investorline is either a disgruntled ex-employee or a competetor that just doesn't like DCM, but I don't take much stock in what they say. They rest of you that are investors, if you think it is such a bad business what are you even here. I've said it before if you think that sell and surely there are better investments elsewhere for your cash?

The likely scenario is even with keeping the business status quo for the remainder of 2022 debt will be down to about $20 million which is much much lower than it has ever been in the last 20 years at DCM.

For those of you that see there is some opportunity in DCM, keep the posts coming.

[gossamer9]

This post has been removed in accordance with Community Policy

[knicksman]

This is the most bullish I've been in a long time. Maybe the largest position I've owned too (in $$).  Due to the generous CEWS, I think the company delayed its restructuring, particularly in terms of employee count, until the 2H or 2022. That, and a smaller revenue base, led to a lot of restructuring costs at the end of 2022.  At this point, management indicated restructuring

[ariesleaf]

I hope you are right . This is now the show me quarter Q1.Stock has been flat for some time now.

[zalmonella]

I think EBITDA will be close to $33 million and FCF will be near $16 million in 2022. I dunno.... Iscfa had a good chart of past results a few weeks ago. Revenue, profit and EBITDA all neutral, and only the restructuring expenses were the uncertain things. That leaves reducing debt as the  only driver of greater value and higher share prices. And eliminating the debt won't happen til

[KnowledgeSeekr8]

I would say for a company valued at $57 million that those are pretty good number. Considering we will likely be down to around $20 million in debt at the end of 2022, those EBITDA and FCF numbers will be looking even better. That is stay the status quo, what happens if we can generate even 5% increases in revenue with these high margins. I think base case looks pretty good right now