Professional
Added to YB: 2025-10-13
Pitch date: 2025-10-09
1523.HK [neutral]
Plover Bay Technologies Limited
-18.6%
current return
Author Info
No bio for this author
Company Info
Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers.
Market Cap
HKD 1.0B
Pitch Price
HKD 7.15
Price Target
N/A
Dividend
4.19%
EV/EBITDA
19.39
P/E
24.90
EV/Sales
7.85
Sector
Communications Equipment
Category
growth
Longriver Partners Fund Portfolio Holding: Plover Bay (1523.HK)
1523.HK (holding update): HK networking equipment co making 'unbreakable' multi-link routers via SpeedFusion tech. $123M revenue (71% hardware, 29% recurring), 90%+ software margins, 48% avg ROE (78% in 1H25). 34% subscription rate up from 30%, 1M+ routers deployed. Starlink partnership expanding. Risk: commoditization, cyclical demand, tech changes.
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