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Bullboard - Stock Discussion Forum SSC Security Services Corp V.SECU

Alternate Symbol(s):  SECUF

SSC Security Services Corp. is a national provider of cyber, physical and electronic security services to corporate and public sector clients across Canada, through its subsidiary, Logixx Security Inc. The Company's segments include Security Services, Legacy Operations, and Corporate. The Security Services segment provides security services to primarily commercial and public sector clients... see more

TSXV:SECU - Post Discussion

SSC Security Services Corp > SSC share price is $2.44 by 2027 $7.00 to $9.00
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Post by laurencelefou on Jun 02, 2022 11:46am

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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