Post by
LowtoHigh on Feb 05, 2021 10:47am
New to Board - Need Advice
Hi All!
I've been tracking Mcloud for the past few days but did not want to enter because it was on a quite good run. Do any of the longs here have confidence trend will continue? Is there a bright future here or is entry point too high for a new entry like myself.
Comment by
lscfa on Feb 05, 2021 11:05am
I'm not selling. Co is at 60,000 connected assets. It says it needs 70,000 to be cash flow positive. Move to Alberta will do that. CEO says there are 20,000,000 assets that can take adavantge of co's tech.
Comment by
LowtoHigh on Feb 05, 2021 3:02pm
Thank you! Looks like profitability is right around th corner.
Comment by
GreenBull on Feb 11, 2021 4:51am
My advice, sell MCLD and buy KNR. The energy management side is expanding and our new and only one in the world "Covid Detector" will make an easy 10 bagger from here. Look into it, MCLD has gone nowhere over the years.
Comment by
LowtoHigh on Mar 05, 2021 1:07pm
COVID stocks are a flash in the pan and I would not chase. Look at DM (detametrics) for best example of people chasing a flash in the pan.
Comment by
Dunworkin2 on May 08, 2021 12:16pm
In the SNN video, their goal is 500,000 connected assets in 5 years. Achievable or a pipe dream?
Comment by
lscfa on May 08, 2021 12:55pm
Market size is 20,000,000 so 2.5% seems reasonable.
Comment by
lscfa on May 08, 2021 5:43pm
Co says at $14.5 million revenue/qtr it is breakeven. Gross margin of 55% = $8 million offsets the $8 million in quarterly opex which it claims is recurring. Assuming no onboarding rev or engineering rev the $14.5 million has to come all from recurring SAAS revenue. $14,500,000 / $100/qtr/asset = 145,000 assets
Comment by
TickBomb on May 08, 2021 6:17pm
MRR is per month not per Quarter.
Comment by
lscfa on May 08, 2021 8:14pm
I know.....33/mo = 100/qtr....
Comment by
TickBomb on May 09, 2021 9:43am
Sorry I meant 70,000 x 40 x 3 = 8.4M 70,000 x 50 x 3 = 10.5M