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SSC Security Services Corp V.SECU

Alternate Symbol(s):  SECUF

SSC Security Services Corp. is a Canada-based holding company. The Company provides physical, cyber and electronic security services across Canada through two operating subsidiaries: SRG Security Resource Group Inc. and Logixx Security Inc. The Company has two segments: Security and Legacy Operations. Security segment provides security services to primarily commercial and public sector clients. Services include cyber security services, protective services as well as security system design, sales, installations, and monitoring and alarm response. Legacy operations segment is involved in canola streaming business. SRG Security Resource Group Inc. is a cyber security and physical security company, which operates in Canada, providing security services primarily to corporate and government clients. Logixx Security Inc. is a provider of protective and electronic security services to blue chip industrial, corporate and government clients across Canada.


TSXV:SECU - Post by User

Post by laurencelefouon Jun 02, 2022 11:46am
234 Views
Post# 34726680

SSC share price is $2.44 by 2027 $7.00 to $9.00

SSC share price is $2.44 by 2027 $7.00 to $9.00
SSC is on a path to acquire security businesses and its stated goal is to reach, by 2027, annual revenue of $300,000,000 and EBITDA of $15,000,000.

If SSC grows the business to $300,000,000 in annual revenue, then by 2027 Operating cash flows could range between $12,000,000 and $15,000,000.

By 2027 market value could be between

$150,000,000 ($12,000,000 X 12.5)

$187,500,000 ($15,000,000 X 12.5)

Share price would be between $7.00 and $9.00. (The number of outstanding shares and options in the money is 20,455,134)

The current share price is $2.44 and as of March 31, 2022, shareholder value is $72,415,000 or $3.66 per outstanding share.

It is likely than the end game for SSC will be to sale the company to Securitas (SECU.B-ST) or to Guarda World. SSC also pays a dividend, the current yield is 4.9%.  Long-term investor will benefit from an annual dividend, an annual share price gain and from an eventual buyout.


https://www.youtube.com/watch?v=DMILQXpmN1U&feature=youtu.be
 
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