Ben Stadelmann
International Datacasting Corp.
IDC-X
BUY
Mar 03, 2010
It’s not like a complete stranger walked into the management roll. Likes it and holds it. It’s a thin trader. You want to be careful if you want to buy it. 16 Million Capitalization. There is no big company in this business.
Facilitates transfer of video and music to radio stations, theatres, etc. Best example would be a live concert to many regions. Was north of $1 a few months ago and is now less than $.50. Have done nothing but win contracts during that time. Great balance sheet, well managed and well financed. Great opportunity.
Digital content for satellite industry. Significant growth in revenues last year but only able to derive $.01 per share on the bottom line. Conference call is coming on Monday and he'll decide at that time.
A Buy in May/07 following about 4 consecutive quarters of profitability. Had earnings of about $0.02 so it was decent valuation. Followed that with 3 consecutive quarters of solid revenues
and earnings growth. Had it as a Sell at about $.085 as it was getting too rich. In Q4 of 07 margins got squeezed and Q1 of 08 they had a loss.
Involved in the conversion of cinemas over to digital, and more importantly cinemas converting over to 3-D. Eliminates need of delivering reels to theatres. Lumpy sales. Good opportunity for them in the next 12 to 24 months.
Manufactures gear for radio/TV broadcasters. Stellar balance sheet and seem to be well managed. Constantly goes up and down but quite often goes up quite a ways. Would be more interested in buying at $0.15-$0.17. Has confidence in this company.
Sells the equipment to broadcasters, radio and TV, and is also in the digital cinema. Last year was not great for movies and audience numbers were the worst since 1995. Broadcasters have generally been cautious on spending. He is hoping it will pick up around the London Olympics.
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