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Bullboard - Stock Discussion Forum Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company's segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is... see more

TSXV:MTLO - Post Discussion

Comment by PatiencePays123 on Dec 02, 2020 2:53pm

RE:Valuation

What made you lose faith so soon CaptainConn?

CaptainConn wrote:
Martello is barely trading 2.5x revenue. Most of that revenue is recurring and consistent. That fundamental has not changed despite growth fears. Proctor is right when he says the share price is undervalued. I am planning on exiting other positions to add more shares if this continues to drop. Cisco will eventually eat them up for a cheap premium. But trading ~ $50 million market cap is stupid and I do not believe it will sustain. Something will be done.
Comment by Mikeyrob on Dec 02, 2020 2:55pm
Thank you for posting this guys nonsense... another one where he said he averaged to .205 but stated he would hold and sell in the high 20s. Enjoy your other plays Captain!
Comment by CaptainConn on Dec 02, 2020 3:17pm
I have not lost faith. There is a lack of buying interest so the stock will fluctuate in it's usual range. I am happy to buy it back if price action turns more positive. For now, there are other investments I would like to pursue in the short term.
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