The company has two big opportunities, personal cloud and RCS, with the latter especially significant, given the emerging A2P market.
The company is well placed to benefit from both, which are in the very early innings still.
Add in cost cutting and there is likely to be significant operational improvement. The CEO change is a non-issue, but the shares haven’t recovered from that.
The company has to take out and refinance the preferred convertibles at the first opportunity though, as these cost 14.5% yearly dividend.
This idea was discussed in more depth with members of my private investing community, SHU Growth Portfolio. Get started today »