Absolute Software Corp.

ABT-T

TSE:ABT

13.94
0.13 (0.94%)
Absolute Software Corporation is a Canadian company that specializes in endpoint security and data risk management solutions.
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Analysis and Opinions about ABT-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
November 15, 2018
(A Top Pick Oct 18/19, Up 4%) Investors are appreciating the steady cash flow. Some day they will be an acquisition target. They have a great niche in the market. They have the ability to grow, although it is not a giant market.
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(A Top Pick Oct 18/19, Up 4%) Investors are appreciating the steady cash flow. Some day they will be an acquisition target. They have a great niche in the market. They have the ability to grow, although it is not a giant market.
TOP PICK
TOP PICK
October 19, 2017

With the Equifax breach, everyone is back on the band wagon. They have a good solution for security. They have a lot of cash and no debt. Active investors have started to pick away. They own a third and management owns a third. It will get harder and harder to buy the stock. He thinks it will eventually get taken over. (Analysts’ target: $8.50).

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With the Equifax breach, everyone is back on the band wagon. They have a good solution for security. They have a lot of cash and no debt. Active investors have started to pick away. They own a third and management owns a third. It will get harder and harder to buy the stock. He thinks it will eventually get taken over. (Analysts’ target: $8.50).

COMMENT
COMMENT
August 30, 2016

Sold his holdings earlier this year because, as the company was entering into a transition point where they are investing more in research development and are in more sales staff, there is going to be a compression and margins in the story would just stall out. Intends to revisit this sometime in 2017. They are holding around $60 million in net cash, so the dividend is safe.

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Sold his holdings earlier this year because, as the company was entering into a transition point where they are investing more in research development and are in more sales staff, there is going to be a compression and margins in the story would just stall out. Intends to revisit this sometime in 2017. They are holding around $60 million in net cash, so the dividend is safe.

COMMENT
COMMENT
August 24, 2016

On the short term, this looks like it is more of a Trader than a long-term Hold. There is no definitive trend. When buying a stock which you think is a “buy and hold” stock, you want to see a nice long term trend line for at least 3 years, and hopefully 5 years.

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On the short term, this looks like it is more of a Trader than a long-term Hold. There is no definitive trend. When buying a stock which you think is a “buy and hold” stock, you want to see a nice long term trend line for at least 3 years, and hopefully 5 years.

COMMENT
COMMENT
August 19, 2016

Sold his holdings some time ago, and has not gotten back into it. He is not enamored with this company.

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Sold his holdings some time ago, and has not gotten back into it. He is not enamored with this company.

BUY
BUY
April 5, 2016

Likes that this plays in the market of cyber Security. It protects the end point. Also likes the company’s board structure. There are some activists in there. This has net cash on the balance sheet and is growing its dividend. Most of its revenue is from the US. They are also going to try to penetrate the financial sector.

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Likes that this plays in the market of cyber Security. It protects the end point. Also likes the company’s board structure. There are some activists in there. This has net cash on the balance sheet and is growing its dividend. Most of its revenue is from the US. They are also going to try to penetrate the financial sector.

PAST TOP PICK
PAST TOP PICK
October 26, 2015

(Top Pick Oct 14/14, Up 8.26%) It has been one of his favourites but he sold it some time ago. He took his gains on this one. Model price is $46.76. It got hit with the biotechs. It looks interesting. He can’t say if it makes it into this month’s portfolio picks.

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(Top Pick Oct 14/14, Up 8.26%) It has been one of his favourites but he sold it some time ago. He took his gains on this one. Model price is $46.76. It got hit with the biotechs. It looks interesting. He can’t say if it makes it into this month’s portfolio picks.

PAST TOP PICK
PAST TOP PICK
October 16, 2015

(A Top Pick Nov 10/14. Up 7.97%.) Keeps track of people and their stolen computers and tablets. It continues to narrow its focus. A significant free cash flow generator and continues to rank well in his models. Earnings estimates have been chopped by 63% in the last 90 days and are expected to decline 37% from $.20 down to $.12. PE is 62X. If you own it, consider going into other opportunities.

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(A Top Pick Nov 10/14. Up 7.97%.) Keeps track of people and their stolen computers and tablets. It continues to narrow its focus. A significant free cash flow generator and continues to rank well in his models. Earnings estimates have been chopped by 63% in the last 90 days and are expected to decline 37% from $.20 down to $.12. PE is 62X. If you own it, consider going into other opportunities.

COMMENT
COMMENT
July 24, 2015

He has no exposure to Canadian Tech at the moment, but does have exposure to US tech. There are not many companies to choose from. He sees better value and opportunity outside of Canada. There are only a half-dozen tech stocks in Canada that are publicly traded, so sometimes they can get bid up more than they are potentially worth. He prefers dealing in the US.

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He has no exposure to Canadian Tech at the moment, but does have exposure to US tech. There are not many companies to choose from. He sees better value and opportunity outside of Canada. There are only a half-dozen tech stocks in Canada that are publicly traded, so sometimes they can get bid up more than they are potentially worth. He prefers dealing in the US.

COMMENT
COMMENT
July 6, 2015

Chart shows a down period from late 2007 into 2009, followed by a long advance. It may now have digested all of the bad stuff and is now just trying to break out. Looks promising. Comparing this to the XIT-N, it is matching the performance, which is not a bad thing because the XIT is doing rather well.

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Chart shows a down period from late 2007 into 2009, followed by a long advance. It may now have digested all of the bad stuff and is now just trying to break out. Looks promising. Comparing this to the XIT-N, it is matching the performance, which is not a bad thing because the XIT is doing rather well.

COMMENT
COMMENT
March 11, 2015

This is largely a US traded stock, so benefits from the currency exchange. Had quite an aggressive break out. Technically it is a very, very constructive looking chart. He doesn’t own the stock, but might be interested.

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This is largely a US traded stock, so benefits from the currency exchange. Had quite an aggressive break out. Technically it is a very, very constructive looking chart. He doesn’t own the stock, but might be interested.

COMMENT
COMMENT
November 28, 2014

Has been looking at this for a while, wondering where it is going. Have always had some good products, but doesn’t know if they have had the right growth oriented people running it. There are some good things starting to come out of this. A name that he is interested in, but not yet as it is not quite what he is looking for, but it’s getting close. Products were always great, but there is a little bit of change in the executive suite that might be a positive.

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Has been looking at this for a while, wondering where it is going. Have always had some good products, but doesn’t know if they have had the right growth oriented people running it. There are some good things starting to come out of this. A name that he is interested in, but not yet as it is not quite what he is looking for, but it’s getting close. Products were always great, but there is a little bit of change in the executive suite that might be a positive.

TOP PICK
TOP PICK
November 10, 2014

Makes firmware embedded security, particularly for laptops and tablets as well as for the management of computer and mobile devices. New CEO. Reported 10% sales growth. Free cash flow yield of 2.7%. Cash of $80 million is 23% of their market cap. Cash flow is expected to grow at 17% in 2015, and accelerate to 19% for the June/16 year. Shares are trading at an enterprise value of 7X. Looks reasonably priced.

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Makes firmware embedded security, particularly for laptops and tablets as well as for the management of computer and mobile devices. New CEO. Reported 10% sales growth. Free cash flow yield of 2.7%. Cash of $80 million is 23% of their market cap. Cash flow is expected to grow at 17% in 2015, and accelerate to 19% for the June/16 year. Shares are trading at an enterprise value of 7X. Looks reasonably priced.

COMMENT
COMMENT
August 2, 2013

Some technicians have recently flagged this as looking like it is going to be breaking out of a longer-term pattern. They have a product that will find out if your computer, tablet or galaxy phone has gone missing. Also, have new software which allows companies to keep track of who has what equipment and separating what is personal and what is corporate. Interesting company. Earnings don’t look like they are up too much but that is because of accounting rules but looking closer, he thinks it is quite attractive. Have about $50 million in cash.

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Some technicians have recently flagged this as looking like it is going to be breaking out of a longer-term pattern. They have a product that will find out if your computer, tablet or galaxy phone has gone missing. Also, have new software which allows companies to keep track of who has what equipment and separating what is personal and what is corporate. Interesting company. Earnings don’t look like they are up too much but that is because of accounting rules but looking closer, he thinks it is quite attractive. Have about $50 million in cash.

BUY
BUY
July 11, 2013

Dead money for quite a few years. The technology was tied to laptops but now everyone is using tablets. Thinks earnings will come through with earnings from Samsung agreement.

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Dead money for quite a few years. The technology was tied to laptops but now everyone is using tablets. Thinks earnings will come through with earnings from Samsung agreement.

BUY
BUY
June 21, 2013

A misunderstood company where their accounting always messed up investors. Have always had a nice cash position. Do mobile tracking of computers and devices. There’s always that mobile Nirvana if they could capture that market. They have really started to make strides there. Have new customers on the mobile side. All the work they’ve done in the past 6-7 years has started to result in better cash flow. Could be a takeover.

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A misunderstood company where their accounting always messed up investors. Have always had a nice cash position. Do mobile tracking of computers and devices. There’s always that mobile Nirvana if they could capture that market. They have really started to make strides there. Have new customers on the mobile side. All the work they’ve done in the past 6-7 years has started to result in better cash flow. Could be a takeover.

DON'T BUY
DON'T BUY
August 6, 2009
Likes the company but not happy with the economy in terms of computer sales. Partners seem to be struggling a little bit. Good technology. In a true bull market, it could triple or quadruple.
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Likes the company but not happy with the economy in terms of computer sales. Partners seem to be struggling a little bit. Good technology. In a true bull market, it could triple or quadruple.
BUY
BUY
June 29, 2009
World-class technology company. LoJack software is embedded in the CPU and also has a software agent, which allows a stolen laptop to be located and secured. Have been signing international agreements. Strong balance sheet.
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World-class technology company. LoJack software is embedded in the CPU and also has a software agent, which allows a stolen laptop to be located and secured. Have been signing international agreements. Strong balance sheet.
WATCH
WATCH
March 27, 2009
Provides value added services to computer resellers, mostly in the security area. The problem now is that laptop and PC sales have a slowing momentum. Also, consumers are not apt to pay for the extra. Beyond the next couple of years, they will do quite well. Watch to see how the underlying industry sales go.
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Provides value added services to computer resellers, mostly in the security area. The problem now is that laptop and PC sales have a slowing momentum. Also, consumers are not apt to pay for the extra. Beyond the next couple of years, they will do quite well. Watch to see how the underlying industry sales go.
HOLD
HOLD
November 7, 2008
(Market Call Minute.) Their numbers were okay but they did a pre-warning for the first time in many years. Cash is half the value.
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(Market Call Minute.) Their numbers were okay but they did a pre-warning for the first time in many years. Cash is half the value.
HOLD
HOLD
September 11, 2008
Good business model and a lot of recurring revenues with some very strong partners. Small-cap tech stocks tend to be volatile.
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Good business model and a lot of recurring revenues with some very strong partners. Small-cap tech stocks tend to be volatile.
BUY
BUY
August 21, 2008
Last quarter was on track and pretty decent. You could take a look at it here.
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Last quarter was on track and pretty decent. You could take a look at it here.
COMMENT
COMMENT
June 18, 2008
Stolen laptops software. Product is very good. Hard for his database to model it because there is no recurring revenue model. Moving to have the product into cell phones and RIM pagers over the next couple of months. Would like to see them acquire Route 1 (ROI-X) software.
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Stolen laptops software. Product is very good. Hard for his database to model it because there is no recurring revenue model. Moving to have the product into cell phones and RIM pagers over the next couple of months. Would like to see them acquire Route 1 (ROI-X) software.
BUY
BUY
June 17, 2008
Software that recovers lost/stolen laptops. Some disappointments in how quickly it was ramping and the stock pulled back. Just announced they are getting in the mobile space for managing/erasing files on handhelds. Risk/reward is looking pretty good.
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Software that recovers lost/stolen laptops. Some disappointments in how quickly it was ramping and the stock pulled back. Just announced they are getting in the mobile space for managing/erasing files on handhelds. Risk/reward is looking pretty good.
HOLD
HOLD
May 26, 2008
The business is fine. Still a takeover target.
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The business is fine. Still a takeover target.
COMMENT
COMMENT
May 7, 2008
He is positive on the IT sector. A great sector to be in for the 2nd half of the year. A lot of companies try to increase their efficiencies by looking for IT solutions.
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He is positive on the IT sector. A great sector to be in for the 2nd half of the year. A lot of companies try to increase their efficiencies by looking for IT solutions.
BUY
BUY
April 25, 2008
Volatile. Rumours on the street believed there was competition from Phoenix Technologies (PTEC-Q) for their low jack technology. Phoenix’s results just came out and they don't seem to have any sales or partners. Right now, this company is the dominant player in the space. Just got bundled with Fujitsu.
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Volatile. Rumours on the street believed there was competition from Phoenix Technologies (PTEC-Q) for their low jack technology. Phoenix’s results just came out and they don't seem to have any sales or partners. Right now, this company is the dominant player in the space. Just got bundled with Fujitsu.
DON'T BUY
DON'T BUY
April 18, 2008
Technology in recovery of laptops and will be very news driven. You don't buy it because of earnings but on deals going forward. Not the kind of market where people buy things that may happen over the next period of time. They want to see earnings, cash flow and predictability. Speculative.
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Technology in recovery of laptops and will be very news driven. You don't buy it because of earnings but on deals going forward. Not the kind of market where people buy things that may happen over the next period of time. They want to see earnings, cash flow and predictability. Speculative.
TOP PICK
TOP PICK
March 31, 2008
Their technology is used in laptop security applications, and laptop recovery. They have a very high recovery rate. An expensive stock on evaluation basis but the margins are huge.
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Their technology is used in laptop security applications, and laptop recovery. They have a very high recovery rate. An expensive stock on evaluation basis but the margins are huge.
TOP PICK
TOP PICK
March 31, 2008
Their technology is used in laptop security applications, and laptop recovery. They have a very high recovery rate. An expensive stock on evaluation basis but the margins are huge.
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Their technology is used in laptop security applications, and laptop recovery. They have a very high recovery rate. An expensive stock on evaluation basis but the margins are huge.
DON'T BUY
Stocks broken.
PAST TOP PICK
PAST TOP PICK
March 17, 2008
(Top pick, March 12, 2007. Up 42%) Bought some more today. Customers are growing, balance sheet/cash flow are growing. A good take over target, over the next 18 months or so. A great product, Buy.
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(Top pick, March 12, 2007. Up 42%) Bought some more today. Customers are growing, balance sheet/cash flow are growing. A good take over target, over the next 18 months or so. A great product, Buy.
PARTIAL SELL
PARTIAL SELL
February 13, 2008
The stock has been outstanding. Has software for the recovery of stolen laptops. The success of the company has been its channel of doing deals with Dell, HP, etc. There has been some volatility in terms of patent infringement. Feels it is probably fully priced. If you own, consider taking profits.
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The stock has been outstanding. Has software for the recovery of stolen laptops. The success of the company has been its channel of doing deals with Dell, HP, etc. There has been some volatility in terms of patent infringement. Feels it is probably fully priced. If you own, consider taking profits.
COMMENT
COMMENT
January 31, 2008
Was $18 Dec 31 and is now about $10. Nothing has gone wrong with this company. Has $51 million in cash and are looking for acquisitions. Their business is basically a monopoly. Investors are worried about the quarter. The end game is a takeover.
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Was $18 Dec 31 and is now about $10. Nothing has gone wrong with this company. Has $51 million in cash and are looking for acquisitions. Their business is basically a monopoly. Investors are worried about the quarter. The end game is a takeover.
COMMENT
COMMENT
January 21, 2008
Their product is a little chip that goes into laptop computers. If the computer is lost or stolen, this company can remotely erase the hard drive as well as tracking its location. Made a deal with Dell. Revenues are expected to go up 100% this year. Free cash flow is about $.60 a share. Too expensive for him.
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Their product is a little chip that goes into laptop computers. If the computer is lost or stolen, this company can remotely erase the hard drive as well as tracking its location. Made a deal with Dell. Revenues are expected to go up 100% this year. Free cash flow is about $.60 a share. Too expensive for him.
DON'T BUY
DON'T BUY
December 3, 2007
Remote security. A great area. Thanks there will be competition aggressively moving into this area. Hasn't been any consistency in earnings. Worth substantially less.
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Remote security. A great area. Thanks there will be competition aggressively moving into this area. Hasn't been any consistency in earnings. Worth substantially less.