Stockchase Opinions

Bruce Campbell (2) NameSilo Technologies Corp. URL-X BUY Dec 09, 2019

They are an interesting business. They do web domain registry. They then host your web site. They also provide email services. It has been growing well. At some point in time they will get taken out by one of their competitors. It trades at a cheap multiple.
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BUY
Low cost domain name registration. They now have higher margin products. He is quite positive on it. It is an easy double over the next 12 months. The fundamentals are quite strong.
BUY
They are the inexpensive source of domain names. He expects it could be an easy double from here. They generate great cash flow.
HOLD
Domain registry. They expanded into different services like Email and hosting. They are growing faster than anyone else in the market. They don’t do a lot of advertising. They have been profitable. They are a small company so they will plod along as a share and then someone will buy them out. He does not own it because of liquidity.
BUY ON WEAKNESS
They are in the midst of doing a financing. It is still very attractive. They have high recurring revenue and have added new products to their offerings. The new product has not seen as much uptick as expected. The price has probably drifted off because of the financing.