Update on Voxtur
Update on Voxtur.
A couple of people have contacted me and shown that Voxtur updated their revenue estimates for 2021 as shown below. Now the revenue estimate is $95M vs when I did my analysis at $80M. I don’t expect any major movements on the stock until their next earning release, in a couple of months. So you are still on time to check the write-up.
Versus
What I’d come to learn is that Voxtur is more conservative and secretive than I originally expected. However, that’s music to my ears.
Someone asked me if the valuations I wrote about still hold, and my answer is yes, because I use a margin of safety in everything I do.
Remember this is trading at 1.5 P/S 2022 estimates when similar companies trade at 20x multiples, and by 2023 they should be able to get margins of 75%. That is crazy undervalue! Some of the divisions have 90% margins.
If you haven’t yet, do yourself a favor and read the 5 minutes, 15-second article I wrote about the stock.
Now with every stock, I write about I’m starting a “thread” for the bear case scenario, and anyone can write there. If you have facts against the stock, would love to hear them.
https://valuefund.substack.com/p/vortur-vxtr-vxtrf-bear-case/
PD: moving to the Netherlands for a couple of months if you are around, would like to meet you. Currently researching Cannabis stocks, Uranium, and some microcaps. I spect to write about in weeks to come.