Replies to post #87042 on Savvy Trades and Investments

[hweb2]

Congrats on CSPI. Green on a day like today is awesome! Numbers looked pretty mediocre to me, but I guess about as good as one could hope. What happened to the plane royalties? Are those gone forever?

[2morrowsGains]

CSPI...cc transcript...A MUST read ESPECIALLY if you like the cybersecurity sector, strong forward growth, low to no debt, solid cash, low outstanding share count, and low float companies.
Just my opinion, but there is good stuff in the cc link...
https://seekingalpha.com/article/4427500-csp-inc-cspi-ceo-victor-dellovo-on-q2-2021-results-earnings-call-transcript

Take note that the big jump in long-term receivables and noncurrent liabilities is due to long-term purchases (3 & 5 year deals)..."What we're doing, is putting that on the balance sheet".

"We're trying to build our recurring revenue model, as I've been saying. And it's - it took a few years with the MSP to build up a decent-sized percentage of the overall revenue. And we're hoping, if we could stay on the same track that we did with the MSP in UCaaS, it would be in another 12 to 18 months that will be significant revenue that you can count on quarter-over-quarter for years to come."

Hold, Wait, and Accumulate!!!