Added to YB: 2022-08-10
Pitch date: 2022-08-10
BDRL [bullish]
Blonder Tongue Laboratories, Inc.
-94.55%
current return
Author Info
Company Info
Blonder Tongue Laboratories, Inc., a technology-development and manufacturing company, provides television (TV) signal encoding, transcoding, digital transport, and broadband product solutions in the United States.
Market Cap
$726.2K
Pitch Price
$0.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
-11.28
P/E
-0.23
EV/Sales
0.66
Sector
Communications Equipment
Category
turnaround
Keeping the Faith in BDRL
BDRL: 70yr old co. at all-time low $0.12 ($1.6M mkt cap). Issues galore, but trying to turn around w/ new leadership since 2018. TTM revs $15.8M, loss $3M. $2.4M book. Delisted to OTC in 2022. Execs took pay cuts + stock comp. Focused on cost cuts, targeted R&D, sales to service operators, streamlining mfg. Needs funding but long history + turnaround plan. Bankrupt or multibagger from here.
Read full article (3 min)