|
Post by ecoethcon on Oct 21, 2019 22:11:19 GMT
"Ecoethcon, welcome to the board. Great to see you here! I am still hanging on to this one and may add some more in the future if it continues to hover around these prices. At my current position, if jumps to many times the current valuation then I'll be able to retire before age 45 And if it is a total bust it won't be the end of the world. The longer I hold, the more I think the most likely route for a nice shareholder payday is a buyout. Looking forward to your future posts!" Thanks. The other thing that is nice about CPAH is that you can sell some (or all if you are feeling lucky) on the false rallies (they are usually easy to spot no so far into them) and buy back and hereby lower your cost basis. I have been able to do this and be even or even a bit ahead even when the stock is trading at all time lows. Note the stock even at these low levels is around where it started at the beginning of the year. Check any other low float stock for comparison.
|
|
|
Post by JHam on Oct 25, 2019 2:04:25 GMT
"Ecoethcon, welcome to the board. Great to see you here! I am still hanging on to this one and may add some more in the future if it continues to hover around these prices. At my current position, if jumps to many times the current valuation then I'll be able to retire before age 45 And if it is a total bust it won't be the end of the world. The longer I hold, the more I think the most likely route for a nice shareholder payday is a buyout. Looking forward to your future posts!" Thanks. The other thing that is nice about CPAH is that you can sell some (or all if you are feeling lucky) on the false rallies (they are usually easy to spot no so far into them) and buy back and hereby lower your cost basis. I have been able to do this and be even or even a bit ahead even when the stock is trading at all time lows. Note the stock even at these low levels is around where it started at the beginning of the year. Check any other low float stock for comparison. Ouch! 17% drop today? I’d love to average down at this pps, but also it sure I want to throw any more money into this one. I do like the thesis here, but sometimes there’s a reason why these no-brainer stocks fail to reward shareholders. Continuing to keep the faith that someone will buy them out or that Terry Mathews will buy all the shares and take it private
|
|
|
Post by ecoethcon on Oct 26, 2019 6:32:50 GMT
One trade can cause the price to fluctuate like that. It came right back today and closed AH at 1.35. I have actually done it myself so I know it is not due to some bad (or good) news when it jumps like that. In any case, they have been winning awards and customers and have worldwide reach so at some point it will pay off...or they sell at a higher price than current market.
|
|
|
Post by ecoethcon on Nov 17, 2019 0:36:43 GMT
Things at a lull here. I don't know how the channel partners are doing. The initial feedback was positive. We will see how this is reflected in earnings in Dec. Right now we have a new offering Bria Solo. Billed as best Unified Communications Product for individuals. So tweeted Todd Carothers: " We've got the best UC solution for individual users! Start your free trial of Bria Solo today: hubs.ly/H0lNSxF0 #BriaSolo"
|
|
|
Post by JHam on Dec 13, 2019 15:00:19 GMT
This one is has been hovering around $1 for a while now, in absurd territory imo, so I just averaged down a tiny bit at $.958.
|
|
|
Post by lcd on Dec 13, 2019 15:44:05 GMT
Market cap of $5 million with revenue of $2.7 million last quarter and significantly dropping non-GAAP net lost is a pretty absurd market cap.
|
|
|
Post by JHam on Dec 18, 2019 2:24:23 GMT
www.counterpath.com/counterpath-reports-second-quarter-fiscal-2020-financial-results-2/#_ga=2.48670118.1426753066.1576635753-2023471424.1576250172CounterPath Unified Communications (UC) Solutions Deployed in Five of the Top Nine Global Call CentersCounterPath’s long-time call center customers rely on high-quality Bria® softphones and Stretto™ Platform to improve customer satisfaction and increase productivity CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH) (the “Company” or “CounterPath”), a global provider of award-winning Unified Communications (UC) solutions for enterprises and service providers, today announced that its Unified Communications solutions have been deployed in five of the nine leading call centers identified by Gartner’s Magic Quadrant for Contact Center as a Service (CCaaS), North America[1]. These leading call centers, which are some of CounterPath’s largest customers, are using Bria for Call Center and Stretto™ Platform for provisioning and voice quality monitoring. As specified by Gartner’s requirements for the Magic Quadrant, each was required to meet a minimum installed base of 24,000 named or 18,000 concurrent enterprise CCaaS agent seats in North American enterprises. A recent market research report stated the global contact center software market would reach $47.8 billion by 2025, supporting a 25.7% CAGR[2]. Hosted deployments are expected to represent approximately 47.4%, or $22.6 billion, by 2025, due to the benefits of ease of implementation, accessibility from anywhere anytime, and the simplicity in integration with other systems and platforms. Additionally, research shows that integrating UC solutions into call centers vastly improves customer satisfaction, first contact resolution rates, and agent productivity, while significantly decreasing customer complaints[3]. “These five CCaaS deployments represent hundreds of thousands of softphones licensed by CounterPath,” said Todd Carothers, Chief Revenue Officer at CounterPath. “Rapid changes in technology are affecting the call center industry. Digital transformation, widespread adoption of cloud communications, and improvements in analytics are some of the trends we’re noticing. That being said, the number one driver of growth in call centers today is improving customer experience. Our Stretto Platform, when coupled with Bria softphones, enhances customer experience and is key to our continued expansion in this vertical. Our long-time customers value CounterPath UC solutions’ ability to influence positive customer interactions, promote collaboration, and add value to their bottom line.” Bria for Call Center addresses the call center needs of both service providers and enterprises. With the Bria for Call Center application – designed with the “Agent Experience” in mind, CounterPath is able to offer organizations an immediate competitive advantage with a solution that is scalable and easy to deploy, integrates seamlessly into the enterprise architecture, and ensures optimal agent productivity. Bria for Call Center can also be combined with CounterPath Stretto Collaboration, a service add-on that allows agents to use video conferencing and easily share their screens for remote troubleshooting to any device, on any network, via a web browser. Teams can also host video conferences and collaboration sessions for internal training, which can be especially valuable for organizations with remote workers or home-based agents. For more information about CounterPath solutions for call centers, please visit www.counterpath.com. [1] Magic Quadrant for Contact Center as a Service, North America, October 2019: www.gartner.com/en/documents/3970368[2] Grand View Research, April 2019 www.grandviewresearch.com/press-release/global-contact-center-software-market[3] Aberdeen Group 2017
|
|
|
Post by ecoethcon on Dec 18, 2019 22:38:43 GMT
Market cap of $5 million with revenue of $2.7 million last quarter and significantly dropping non-GAAP net lost is a pretty absurd market cap. The gross margin is now $2.2M or so per Q and the SGA expenses are now down to about 650K and lower next quarter. They could be profitable if they wanted to be and a would be acquirer would be able to get rid of all the SG & A and most of the sales and marketing and R&D could be folded into the existing business. Cost of sales might also go down in an acquisition since that is mostly tech support I imagine and some of that is stock based compensation . An acquirer could get their investment back in less than a year? Really ...am I missing something..plus they get the IP and the whole worldwide channel network. These intangibles have literally taken decades to build. I have no idea how to value them ...though the SDK does actually generate income every year like in the recent ALICE deal and a recent posting on their blog by Vice President of Sales John Wigboldus indicated that they got a new sale after their customer first tried a cheaper solution that didn't work and they even had problems after hiring a 100K developer on top of what they paid..finally they just bought the Counterpath product. Listen to the new Webinar www.brighttalk.com/webcast/17427/378699?utm_content=108451261&utm_medium=social&utm_source=twitter&hss_channel=tw-88739923 for more into on the retail vertical. Lots of opportunities with Windows Mobile going end of life.
|
|
|
Post by JHam on Dec 20, 2019 1:52:43 GMT
This is not really surprise. Hopefully they have a plan in place to address it:
CounterPath Provides Update on NASDAQ Listing
VANCOUVER, BC, Canada — December 19, 2019 — On December 16, 2019, CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH) (the “Company” or “CounterPath”) received a letter from the listing qualifications department staff of the NASDAQ Stock Market (“NASDAQ”), notifying the Company that the stockholders’ equity of $1,922,675 as reported in the Company’s Quarterly Report on Form 10-Q for the period ended October 31, 2019 was below the minimum stockholders’ equity of $2,500,000. The minimum stockholders’ equity of $2,500,000 is required for continued listing on the NASDAQ Capital Market as set forth in NASDAQ listing rule 5550(b)(1), and as of December 13, 2019, the Company does not meet the alternatives of market value of listed securities or net income from continuing operations.
The Company has been provided 45 calendar days, or until January 30, 2020, to submit a plan to regain compliance with the minimum stockholders’ equity standard. If the Company’s plan to regain compliance is accepted, NASDAQ may grant an extension of up to 180 calendar days from the date of the notification letter to evidence compliance with the minimum stockholders’ equity standard.
The Company is considering its response to the letter and will provide further updates as required.
|
|
|
Post by JHam on Dec 20, 2019 14:53:47 GMT
I took this opportunity to add a bit more today at $.92.
I can’t see how they don’t have a plan in place to fix this, or that Terry Matthews will allow them to be delisted.
|
|
|
Post by JHam on Jan 2, 2020 14:06:01 GMT
Added more on the last day of the year. This one may take some time for shareholders to be rewarded, but it is difficult to ignore the current market valuation.
|
|
|
Post by ecoethcon on Jan 10, 2020 1:43:56 GMT
Good time to add. Even though the news is not huge it could start getting the company discovered. Looks like quick sellers got taken care of early and shorts trapped so far. Sold my trading shares already for a nice profit. Looking to trade tomorrow with my long term position. Hope this turns out well for you.
|
|
|
Post by nateb on Jan 10, 2020 3:09:30 GMT
Congrats to everyone holding this one! Looks like a great day today.
|
|
|
Post by ecoethcon on Jan 10, 2020 3:42:07 GMT
I took this opportunity to add a bit more today at $.92. I can’t see how they don’t have a plan in place to fix this, or that Terry Matthews will allow them to be delisted. They can convert the debt to preferred equity . As long as the company is under no circumstance obliged to redeem the preferred for cash then it is not treated as debt. There is a fairly recent FASB treatment. Great trade by the way. Also that webinar I was pointing you to was all about this vertical. Was saying to look for that in the beginning of the year.
|
|
|
Post by JHam on Jan 10, 2020 8:39:29 GMT
Congrats to everyone holding this one! Looks like a great day today. Here's the news. Up 85% AH : www.accesswire.com/viewarticle.aspx?id=572524 CounterPath Chosen by Honeywell to Create Unified Communications (UC) Solution for Mobile Devices and Handheld Scanners
|
|
|
Post by JHam on Jan 10, 2020 8:41:31 GMT
Good time to add. Even though the news is not huge it could start getting the company discovered. Looks like quick sellers got taken care of early and shorts trapped so far. Sold my trading shares already for a nice profit. Looking to trade tomorrow with my long term position. Hope this turns out well for you. Congrats on the nice trade! So in your opinion do you think this will come down to earth soon? I am still holding but am thinking of taking some/all off the table and jumping back in after things settle back down.
|
|
|
Post by JHam on Jan 10, 2020 12:12:23 GMT
I took this opportunity to add a bit more today at $.92. I can’t see how they don’t have a plan in place to fix this, or that Terry Matthews will allow them to be delisted. They can convert the debt to preferred equity . As long as the company is under no circumstance obliged to redeem the preferred for cash then it is not treated as debt. There is a fairly recent FASB treatment. Great trade by the way. Also that webinar I was pointing you to was all about this vertical. Was saying to look for that in the beginning of the year. Thanks for the explanation. Admittedly, my thesis for holding this one has pretty much been based solely from a value-perspective, so I don’t follow the details the way I should. So basically as long as they don’t have to redeem that water cooler they are good
|
|
|
Post by JHam on Jan 10, 2020 12:22:07 GMT
Up 109% premarket.
|
|
razor
New Member
Posts: 22
|
Post by razor on Jan 10, 2020 14:26:52 GMT
Thanks JHam… sold my entire position pre market for a very nice profit! Might consider getting back in after the dust settles.
|
|
|
Post by lcd on Jan 10, 2020 17:33:47 GMT
I sold 90% of my position at $2.70. I will look to re-enter in the future but happy to see today's jump.
|
|