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Bullboard - Stock Discussion Forum WebTech Wireless Inc WEWWF

GREY:WEWWF - Post Discussion

WebTech Wireless Inc > Good results
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Post by dpunt32 on Aug 08, 2013 2:13pm

Good results

very good quarter..cash staying up, profitability and margins improving...i would be surprised if this company exists in 12 months...recurring revenues will be attractive to somebody else and they can strip out alot of overhead and public company costs to increase profitability..the valuation is dirt cheap and would be accretive to most players...conservatively this stock is worth at least 50c
Comment by dpunt32 on Aug 09, 2013 4:23pm
PI does not formally cover it, but put out a note today on Webtechs good results, they mention the obvious that Webtech has a very low valuation and is a prime takeover candidate, trading at .5x EV/Sales and most transaction at 2.6x...as well BSM (GPS-V) trades at a very high multiple compared to WEW, would be very accretive for them to buy Webtech..here is PI comment below Getting back on track ...more