Post by
Moneyman777 on Aug 11, 2016 7:28am
Neulion Price Target of $12.00???
I am shocked that there isn't more buzz around this company! Lets do the math guys. 1 billion for 33% of competitor BAMtech? Neulion trades at only 200 million. The valuation difference is mind blowing! I think of Neulion as the better of the two companies, yet Dinesy has gone into the market and said that an almost identical business is worth 12x more than what Neulion is currently trading at?
Neulion's business is a steal and like no other, another company such as netflix or Time Warner is going to make a run at it.
Comment by
SGGold on Aug 11, 2016 7:44am
I have to agree. There is a ton of value here. What they do is the future for content distribution - no debate about it.
Comment by
ocean112 on Aug 11, 2016 8:31am
MLBAM was sold at 3.5 times revenue (they have 10x more revenue than Neulion)...at 3.5 revenue, assuming NLN closes year at $100M = $350M US or 465M canadian. At 283M shares outstanding - fair value for Neulion is $1.64 per share - or 65% upside from here...so $12 is a bit of a stretch - but crazy not to get in at these levels - company has no debt - $30M in cash - and growing.
Comment by
Trooperhobo on Aug 15, 2016 10:21am
Forbes quoted Disney/MLBAM purchase at 10X revenue which would value NLN at $3.30
Comment by
ocean112 on Aug 15, 2016 4:52pm
At the 2016 Re/code summit, Bob Bowman, the CEO of MLBAM, said he expects revenue of $1.2 billion to $1.3 billion during 2016 ........
Comment by
kynarr on Aug 15, 2016 4:54pm
That's MLBAM as a whole though, not BAMTech.