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Bullboard - Stock Discussion Forum illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns. Its Programmatic Marketing Platform, powered by machine... see more

TSX:ILLM - Post Discussion

illumin Holdings Inc > Another View
View:
Post by retiredcf on Jan 26, 2023 8:37am

Another View

I have held Acuity in my portfolio for the past few years. The stock has gone down from over $20.00 to under $3.00. In the long term do you see any potential of the stock going back over $20.00?

The period of time when the stock ramped to above $30.00 was quite unusual and happened very very fast. The decline was equally as fast. We added it to the Growth Model just below $12.00 but It has not been a good experience. At the time, it was very very cheap versus peers and we thought it might be easily taken over. We would still view it as a target as it does have $77M net cash which is more than half its market value. Thus, we think it has upside from here. However, we would not expect it to get back to $20.00. That would be a 9-fold increase from current levels and unless the world changes dramatically or something out of the ordinary occurs at the company, we just do not see that happening. But, it could still move, and at least is up 10% so far in 2023. (5iResearch)

Comment by Torontojay on Jan 26, 2023 9:30am
  This has been the single worst investment decision I ever made. I don't think it's ever going to see $ 20 and I'm disappointed with Tal Hayek for misleading investors into believing that Illumin is a disruptive tech when clearly it's not. Maybe, just maybe, it can reach $5 in good times. Excuse me for going on a rant. After 2 years of being on the market, Illumin is only ...more  
Comment by campst on Jan 27, 2023 2:42am
My average is $1.35 roughly. I've sold enough for a ten bagger.  That means I still have 2/3 of my shares.  Best investment I ever made. A lot of factors drove this to $30.  Drove a lot of other growth stocks too.  Macro factors drove this down. From here though, though, I ask myself would I buy now and I say yes.  It's the same value argument that was there two ...more  
Comment by campst on Jan 27, 2023 3:01am
Oops. Misread the 5i quote re 10%.  Does not change my view.
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