Bewhere Holdings Inc V.BEW

My 2 cents on BEW

[hrgoyal]

First let me tell you my status. I am holding BEW stocks in low 6 digit numbers and I am holding. I am neither selling nor buying more at this time. To me 30c is fair price looking in to 2021 fundamentals.

Pro for BEW going forward;

1. BEW had net +ve earning in 2020Q3 & it may continue to be net profitable in coming Qs.
2. No debt and enough cash in hand to meet ongoing R & D expenses, increased inventory & general expenses.
3. Promotors and insiders holding substantial numbers of shares.
4. Management is pro-active lately and participating in company promotion among investors.
5. Technical analysis show near term upward trend.
6. New products are under field trials

Cons for BEW

1. Hardware revenue growth is low.
2. In reply to a question, BEW sensors are not used so far in vaccine logistic and only a few devices sold for US Election ballot boxes tracking.
3. There are competing products for asset tracking and sensors.
4. If we take 100K net profit in Q12021 (2020Q3 net profit only 25K), 200K in Q2, 300K in Q3 & 400K in Q4, an increase of 100K every Q, the total net profit is only $1M resulting in an EPS of 1c.
5. For every additional 100K/Q recurring revenue, BEW has to sell 20K devices or 1M hardware assuming $50 selling price for each device and average $5 per Q recurring revenue per device.
6. No known fund manager is holding BEW shares. No analyst is analyzing BEW. Those fund managers who were holding BEW shares are out and so are 1 or 2 analysts.

If I see news on more bulk orders, new customers, new market and if the numbers change, my position changes. Please do your own due diligence.

[Thebeginner2020]

Wow! I couldn't say better! Indeed, $0.30 is a fair price for BEW unless major positive changes occur. If there are people who want to pay more than $0.30, so much the better for them, but my opinion is not changing for the moment to this company!!

[panapple42]

You 2 seem to get nervous when the stock price goes up.  If you own it I think you should sell. Emphasis on IF.

[Thebeginner2020]

If you are ready to buy at a suitable price you will have sellers otherwise shwt up and don't say to sell!!!

[hrgoyal]

Yes I get nervous when price goes up without support from fundamentals as I have seen this pump and dump when stock went from 20c to 60c and from 60c to 20c again (leaving going to 8c due to COVID). I didn't ask u to buy, sell or hold BEW, that is your decision. If you want to counter my post do it on facts and figures.

[kulewater]

IF you are looking and focused on fundamentals you should steer clear of value and growth stocks.  Stick to the blue chip large caps. They seem to be more inline with your investment style.  I love the special situation value stocks. Its where I make my biggest windfalls.  Yes I get nervous when price goes up without support from fundamentals as I have seen this pump and dump

[Thebeginner2020]

See what Grey Island System has done and you will get your answer what BEW will do. If you want explosive growth you're in the wrong stock that is selling a beacon. I'm telling you if BEW ever reaches $ 1 it's because the company will not be sold and will be in 2023 !!!

[panapple42]

Ummm.... your logic defies me.

[panapple42]

I have no idea.  I just keep holding.   Anything is possible and you may indeed be correct. Only time will tell the tale.

[Kadillac]

Hrgoyal or Harry I should say  - you seem to have been negative for many months now.  I see your negativity on LinkedIn as well.  Can you find me another profitable iot company that has only $25 million valuation.  - you need to value the technology - this is not a commodity play.  Why don't u sell and move on as I doubt you even own the stock.   Iot sector is

[Thebeginner2020]

Your opinion is wrong!!!

[hrgoyal]

I don't know where or how you see my negativity on LinkedIn, but again that is your prerogative. Yes only since Q32020 is net profitable with 25K profit. This I clearly mentioned in my analysis. I also believe company will be net positive going forward. Yes it is technology and one should value technology but the problem is that revenue growth at BEW is slow (not like other technology

[Bonk4491]

hrgoyal  You're pros and cons are fair IMO.  I dont like this cons however : For every additional 100K/Q recurring revenue, BEW has to sell 20K devices or 1M hardware assuming $50 selling price for each device and average $5 per Q recurring revenue per device Exactly. It may be a slow and steady grow wich is fine, but it can be also faster.  20k devices is not that much

[hrgoyal]

As I said earlier if numbers change, my fair price estimate will change. Yes, BEW got 6.5K unit repeat order from Tenna. Great but that one bulk order came after 12 months. Last bulk order was in Oct. 2019. In response to one of my question at AGM, Owen told total 100K units of BEW are in operation. I am estimating 80K units ADDITIONAL unit in 2021 compared to 2020.  I asked question during

[HowdyBob]

Bingo! I was thinking BEW is down and so hrgoyal is probably posting... so thought I would check my guess. This is still a specualtive risk penny stock and although profitable, awesome, shouldn't be valued on projections based on past. All things should be valued that way logically but that is not the current markets nor has it ever been for penny stocks. Your attempts to do so as a

[Thebeginner2020]

hrgoyal : ''saying if Shopify can have stock price of $1550, why not BEW as both are technology company. '' I like this one too many people make such ridiculous comparisons to evaluate a company. Do not let go of Kadillac, you will end up doing it !!!