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If you saw a stranger on the streets in panic would you stop to help them or would you bully them facilitating more panic? Is it to much to ask for you to have some respect for your fellow human being?
-kz
I appreciate your non answer and no I do not look to influence people on this board. There is a clear sense of paranoia from a lot of posters on these boards and its sad. If there is anything I want for people coming to these boards its clear and concise facts about the business. I personally think investorshub is one of the absolute worst platforms in existence today but there is a small percentage of people that come here to have honest and open discussions about the business which is why I show up occasionally. What would really help is all participants on this board being able to speak face to face to create meaningfull productive relationships. I doubt the majority of the coments posters make to each other on these boards would be made when face to face.
-kz
LOL, if PLUG were a defense contractor making explosives then I would say PLUG lol.
-kz
No. When presented with two options, PLUG or SGSI. I choose SGSI. If I remember correctly you said you used to work on sand hill road? So let me ask you. When given those two options to invest in and lets say in this scenario you must invest in one of the options, would you choose the company that loses 100% of what they bring in or 10% of what they bring in?
-kz
SGSI lost 1mil on 10mil in revenue in a quarter and trades at 500k market cap.
PLUG lost 100mil in a quarter on 100 mil in revenue yet trades at a market cap 4 times revenue.
-kz
SGSI posted 10mil in revenue last quarter as stated by their SEC filings. If I take my calculator and multiply 10mil by 4 quarters that equals...wait for it... 40mil in revenue annually. WOW that was really tough math to get through.
-kz
I personally think you jump to conclusions to quick. There are one off costs associate with these acquisitions. Ponder has worked diligently to not only bring revenue to SGSI but also restructure and reduce the debt along the way. As stated in this news,
What PLUG customers say when PLUG's product blows up.
Looks like a pretty smart way to finance a very fast growing company. It also validates SGSI's customers. Prestige is more concerned with where the recievables are coming from than they are SGSI. Wouldn't be surprised if Ponder is using this to fund some of the next acquisitions. Look at what ADEX does. They provide services, staffing, and consulting to telecommunications industry. Ponder is using ADEX to find and grow opportunities for the AWS side of the business while at the same time using ADEX recievables to score factor financing for new opportunities and growth (like coming acquisitions). Did we mention they continue to clear debt off the balance sheet? How much did we pay for AWS again... $2.5million??? Strangly similar number to how much they have from factoring while looking at purchasing a similar sized firm as AWS.
-kz
On top of that, I'm pretty sure the FAA requires certain licenses/approvals to fly drones in cities (where they would be using them).
kz
This is correct. The IP is in the software, not camera mounted drones. Based on the junk claim, you could collect LIDAR data and perform remote sensing etc with just a regular camera....total and complete nonsense by every measure.
kz
Who can connect the dots here????
From: https://www.lightreading.com/mobile/5g/t-mobile-5g-lets-us-take-broadband-across-america-/d/d-id/745092
Its what is commonly referred to as thorough due diligence. Give it a shot, you wont be disapointed. It does require some reading and comprehension though.
thx
kz
Read this and report back please.
ICLD most recent 10-k
thx
kz
???_______________++'\||||||M!!!!!!!!!
00000()* %______________^&*$$$$$$$$$%
Hope this answers your question.
kz
You can find all the historical financials here. Page 37, ADEX was their entire "Professional Services" segment.
insert-text-here
Both ADEX and AWS had a solid gross profit. It wasn't that they weren't profitable, its that ICLD poorly managed them. The SG&A is what pushed operating income into the red. So I think you have been pretty accurate in that we need to see how SG&A is managed under Ponder/Keith. Its hard to get an accurate picture with all of the merger/acquisitions costs in the financials. The next 10-q should paint a better picture. Ponder has even hinted at it in his PR's when he says new orders since March (when last 10-q period ended) are $10mil with 25% gross margin.
lol great chart analysis, keep it up. Man this thing is just getting pumped like crazy lol
Kind of like HEXO trading at 845 times revenue. Even did a name change, definately signal that its a scam.
Here's another example....It's still crazy to me that a stock like CBIS trades at 14,000 times revenue even with a consistent loss of over 10mil per year. Meanwhile were trading at 1/10th of last 5months orders.
-kz
I will use your logic.... I believe PLUG is a scam, therefore PLUG is a scam.
-KZ
It's still crazy to me that a stock like PLUG trades at 4 times revenue even with a consistent loss of over 100mil per year. Meanwhile were trading at 1/10th of last 5months orders.
-kz
Its clear to me now that OPXS did a debt restructuring. Out with the old Longview fund and in with new investors like Ephraim Fields and Gate City Capital. At the same time Karen and the company continue to buy back shares as well. Bottom line is the stock price has been in a steady uptrend since beginning of 2017. Its a very telling sign when Longview sells shares and the price rises.
-KZ
The potential R/S is more about the two acquisitions coming than it is about stock price. As others have mentioned, these acquisitions will require issuing of shares and the ability to R/S protects them from potential takeovers and from exceeding the authorized share count. History has shown that when shares are issued in conjunction with merger/acquisiton here, they are returned to the treasury shortly after in exchange for preferred shares. All part of negotiations I presume.
Even if they do execute on a reverse split and the outstanding drops to 1.4mil, they have run rate of $30mil in revenue. That would get the stock price well above Nasdaq requirements. That being said, if you don't have a decent amount of shares already, a potential R/S could knock you out.
-KZ
What was the float at the beginning of the month?
thx
KZ
How about the gov leveling the playing field for fuel cells? Is the stage being set for Mantra to enter the market?
KZ
Indeed. Gap filled on the daily, lets build out this handle and set up a new base camp near a dime.
KZ
News does not equal value
They have already made a profit
If you map Ecomikes timeline of events to historical share price it is absolutely spot on. As soon as news of Alstom being acquired by GE hit, the stock price started its decline shortly after.
Thanks
KZ
At current share structure, $4 dollars a share would put market cap at just under $1billion which is less than 2% of the annual capex spending of telecoms. Being that Ponder ran a billion dollar P&L while at Time Warner, I wouldn't put it past them. Not to mention the Mantra Energy side of the business thats been very quiet since the acquisitions. All just my opinion of course.
Thanks,
KZ
I bought all of my shares below the current share price.
Well thats some sweet sweet news. Much appreciated Rocard.
Thx
KZ
Bloomberg had a small piece on the 5g future. $275 billion to be spent on 5g. If we take even .3% of that its a billion dollars. SGSI is already seeing $5mil for 7months revenue on the earliest stages of 5g rollout. Every way I look at SGSI shows its undervalued.
https://www.bloomberg.com/news/videos/2018-04-11/what-the-5g-future-means-for-your-phone-video
Cheers,
KZ
Which is actually in the SGSI 10-kt as well.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12676757/content/html
People seem to be missing this aspect.
From ICLD's most recent 10k
https://backend.otcmarkets.com/otcapi/company/sec-filings/11929210/content/html
1. I'm not an accountant and its not my job to do DD for people on this board
2. I pulled my info directly from https://www.otcmarkets.com/stock/PLUG/financials. (I meant to use the gross profit number of ($28mil)loss but used the operating income by mistake.)
3. Their financials, are comparable. Business model maybe not yet but comparing the basic market cap calculation is valid. All I am saying is one company that lost 28mil has market cap 4x its revenue. SGSI had positive gross profit and market cap half of its 7mnth revenue. Its a very simplified way of showing how undervalued SGSI is.
4. PLUG manufactures fuel cells that could be made obsolete by Mantra one day. Reality is that the market is big enough for both right now so it doesn't really matter. A better question would be why do PLUG shareholders think that anonymous posts on a message board will affect the stock price. Thats not how markets work.
There is no argument here, just observed facts. And yes I round my numbers, I don't have time to put together a detailed spreadsheet and after all, these numbers are available to the public for comparison.
KZ
7months revenue of $5.9mil and gross profit of $700k and we are trading at market cap of $3mil. Meanwhile PLUG lost $100mil and is trading at 4x revenue. SGSI very undervalued at the moment.
KZ
By dilution you mean the almost 300mil restricted shares that can't hit the market right? I just want to make sure you understand the difference between restricted shares and common shares. Let me know if you have any questions. Happy to help.
Cheers!
KZ
Thanks Mike, I've been loading regardless. I'd be okay with the second half of your post dependent on how many shares provided in the dividend. I'd also be okay with a fully funded syn gas ERC pilot plant and a billion dollar valuation that would take us to the dollar range. Looking at how much in capex is spent by the telecom giants per year, if SGSI gets even a small percentage of that, its in the billions. Add that to the 36billion market Mantra can tap into. I struggle to contain myself with all the upside potential here.
KZ