
TSE:BYL
This summary was created by AI, based on 1 opinions in the last 12 months.
Baylin Technologies (BYL-T) presents a case of a small-cap stock with annual revenues around $55 million. Experts note that such smaller and less liquid stocks are often not favored by significant investors and institutions, leading to a consensus that they come with higher risks and less appeal for those seeking stable investments. The company’s size and revenue figures suggest it may not be on the radar of larger market players, potentially impacting its liquidity and investment attractiveness. Consequently, seasoned investment professionals, who generally avoid these types due to the risks associated with lower liquidity and market visibility, seem to recommend steering clear of Baylin Technologies for their portfolios, focusing instead on larger, more stable options.
Provides antennas for the wireless marketplace, such as base stations for cell phones. They have a product for 5G that will probably do well. The advantage for 5G is that it breaks up the frequency into smaller bits so you have a lot more antennas and base stations than with previous technologies. They are growing well, organically and through acquisition. The stock sells at a 10x multiple of expected earnings, Compared to the earnings growth, this is very attractive.
He has been following it since they went public. New management a few years ago were impressive. They finally raised money a month ago and he bought 5% of the company. They really got their costs down. There is a new cycle of product sales happening. They are a world leader in wireless antenna technology. It is trading at a really low multiple.
(A Top Pick Jan 17/14. Down 56.73%.) They had a “customer concentration” with Samsung, and as Samsung rolled out their new device, which hadn’t been very successful, they chose not to use this company’s technology. Had felt this company’s technology will become much more prevalent with the emergence of Internet things. They have some good core technologies so there is a chance they could recover.
Just IPO’d in November. Designer/manufacturer of antennas, largely for smart phones, but for anything. Samsung is their largest customer, so there is a bit of a risk because of customer concentration. Will probably earn somewhere in the neighbourhood of $.35 per share this year. They do $80 million in revenue. Higher degree of risk because of its size.
This makes wireless antennas. They have been in this business for a long time. A lot of money will be spent on antennas for 4G and 5G. The company has a new CEO and made an excellent acquisition. This is the best best in the wireless space. (Analysts’ price target is 5.25$)