illumin Holdings Inc T.ILLM

Unwarranted Decline?

[retiredcf]

Both MDA and AcuityAds have been particularly weak in this crazy market. Is there anything new on either and when are the next quarterly reports available? Which would you prefer for growth, ignoring risk. 

ATY/AT reports Oct 31 (estimated). There has been absolutely no news in nearly two months. Cash is now more than half its market cap. With recession worries investors of course are concerned about advertising spending, but that's all we can offer here. MDA is also estimated at Oct 31. It has made a recent asset sale and won some recent contracts. Debt is about 3.5X cash flow, but very solid earnings growth is expected in 2023. The backlog offers some comfort. Ignoring risk, AT/ATY likely has more potential. Its huge decline we think is simply unwarranted. (5iResearch)

[growthnprosper]

The FED f_CKED up badly and now is trying deparately to cover up this F_CK UP, so is doing everything it can to drive down demand for goods, driving down stock and real estate prices in its path.  To bad we can't fire the FED. This is what is driving down prices.

[Torontojay]

  You pretty much nailed it. The Fed is going to drive us into a recession probably by early 2023. We all know what happens to advertising companies during a recession. They tank. Oh wait a minute, that explains why Acuityads is tanking. The market knows this and is pricing it accordingly.   

[Sellthedream2]

Current valuation is extremely cheap but it's obvious the market is just gonna be all over the place for awhile until things settle. torontojay- Makes me think that there's a possibility this will trade down to a market cap equal to cash on hand just because people/market are crazy..can you imagine? I'll back up the truck and wait a couple years for another big run eventually..

[Torontojay]

  I wouldn't be surprised if it traded at cash value especially if Q3 is soft.  A little bit of history.  The tech bubble in 2000 witnessed the Nasdaq reach a peak of 5,132 on Mar 10,2000 and a trough price of 1,108  on October 10,2002. The length of the drawdown was 31 months during the dot com bubble and we're 11 months into this one. If Nasdaq and S&p500

[growthnprosper]

They should do another share buyback.......the point of the cash raised was to buy another Company which has not occurred, so they could buyback another wack of shares to drive up EPS. Let's see what their revenues are for Q3.

[prophetoffactz]

I think the market is broken for this stock due to the tremendous general selling pressure in the market and the lack of a following for the stock due to the early stage of illumin's roll-out. Landing $10 million plus accounts is the next step for this company and that should outweight a recession; especially at this stock price. The insider buying and corporate buy-back activity suggests

[truthis0utther3]

What you don't understand is that this company is like an expense account for the founders. If it goes to zero it means nothing to their wealth at this point. The stock is like an option for them. If it goes up it's a bonus if it doesn't it can pay for expenses. They win-win, not sure about you.