ATGN Long

2019年1月10日

For the last five years the company has gone through a tough but the right transition from hardware to recurring software. For 20 years it reported Negative eps. The last 2 years it turned a slight profit and according to the conference call they expect it to continue. People havent looked at this stock in many years because of losses and no revenue growth. I think things are about to change as this last quarter the saas biz grew at over 40% topline but was masked by the decline in hardware which is now over. As revenue finally shows growth it will get recognized. Also the UC space has been consolidating MITL EGHT RING. I believe ATGN also has better technology in the financial UC space. Running an eps model for next year comes up w $0.18 assuming a 40x gives you a $7.20 target. Even if you use a conservative mult of 20x (1/2 its growth rate) you get a $3.60 stock. I'm sure more people on this site are better looking at technicals but in the 20 years this has only traded over 500k shares a few times so the stock is more than washed out w/ some very LT holders. Also its net asset value is .45 and that assumes 0 value for the business. Would love any feedback. I own a position in the company.

2019年1月21日

交易進行

eps report this coming week

2019年1月25日

註釋

So another positive eps qtr and nice increase in cash; the funniest thing i can say is for the last few conference calls there were always 2-3 people asking questions. This time the CEO who never seems promotion sounded actually saddened that he couldnt talk more about the story of what's going on with no investors on the Q&A part of the call. Good to see some volume, still in very early stages of getting recognized as there's no institutional ownership and no research coverage. I think he mentioned last call that he will start going out on the road and telling people the story in 2019. Here's replay of call if anyone wants to listen [phone]Call: [phone] (domestic) or [phone]Call: [phone] (international), account #286, conference ID #42043

2019年1月25日

交易進行

2019年8月7日

交易進行

ATGN makes a GREAT acquisition that’s accretive. Still the only profitable UC co in the space. While FIVN “talks” about integration w MSFT, in some recent press releases - do some homework and you’ll find out it’s really Altigen that’s ahead. Think about what this company could do if they focused on growth vs profitability, Not that I’m in support of it, but it’s only a matter of time before it gets recognized. The big players can buy a profitable co w a great msft technology edge for next to nothing.