Stockchase Opinions

Benj Gallander Black Box Corp. BBOX-O TOP PICK Mar 06, 2018

They are into setting up IT systems for companies, including security. They have had major troubles. They violated their financial covenants last August and it looks like they could violate them again. This is a very high risk stock. The stock trades around $2, used to trade at $30. They appointed Joel Trammell as the new CEO at the end of the year. He was on the Board for two years before that and bought many shares when he came in. He has turned around two companies. He teaches CEOs what to do. (No analysts have provided a price target.)

N/A

Stock price when the opinion was issued

0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

HOLD

This company has seen revenues drop from $1 billion to only $800 million. They have recently exceeded their debt covenants and could do so again soon. The new CEO is a teaching CEO who sold two tech companies in the past for huge premiums. He paid over $3 per share for this and it is not looking like a great investment. He feels with the right person running the company it has a good chance to recover. He will hold.

TOP PICK

The company has much lower sales and violated its financial covenants last year. It might violate them again this year. This is a highly speculative investment. It could go up 10x or go to 0. The CEO, Joel Trammell, is the CEO who teaches other CEOs. Gallander has a lot of confidence in him. (Analysts’ price target is not provided)

TOP PICK

Infrastructure for companies to improve digital performance. They had a clean balance sheet but now it is muddy. Revenues have decreased. The CEO has a great track record. Hopefully the company will be taken over. It has tremendous upside.

PAST TOP PICK
(A Top Pick Jun 21/17, Down 54%) They were acquired at a lower price than his entry. A new CEO had come on, who had great past successes. He knew it had difficulties, but also high potential returns. The new CEO was not performing so he got out at a higher value.