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Data, oil, stimulus and vaccine hopes raise markets23 Stock Top Picks and 5 ETF (Feb 01-07)16 of The Most Promising Canadian Tech StocksThis summary was created by AI, based on 9 opinions in the last 12 months.
Baylin Technologies (BYL-T) has struggled in recent years, with declining revenues and weak margins leading to net losses. The company's mobile antenna division, which was heavily impacted by a slowdown in its major customer Samsung, has been a particular challenge. However, the other three divisions - Embedded Antenna, Wireless Infrastructure, and Satcom - are showing signs of growth and potential. The company has taken steps to clean up its balance sheet and is exploring the sale of its Mobile and Network business line. Overall, the stock has faced challenges but also presents opportunities for growth in certain areas.
Recent quarterly results missed expectations of a loss of 6c, coming in at a loss of 7c. Revenue also significantly missed estimates of $26.1M coming in at $16.13M, declining from $20.4M in the year prior. BYL also said it has hired an investment banker to facilitate the sale of its Mobile and Network business line in this calendar year. Continuing operations now comprise three business lines: Embedded Antenna; Wireless Infrastructure; and, Satcom. These were weak results for BYL with revenue declining and losses widening.
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Things haven't worked out for them in recent years. They went on a spending binge, buying companies, then Covid hit and nobody could travel. Bottom line: they recently did a rights issue, cleaned up the balance sheet as the main shareholder remains supportive. The mobile antenna division was hurt the most as their major client (Samsung) suffered with a swing in cell phone sales, but the other three divisions are doing well. They should sell the antenna division, but debt is in good shape. Better days lie ahead. Average down if you're under water.
It is in the telecom services business and has struggled for years. It is an unprofitable micro-cap stock with poor liquidity. There are lots of other opportunities.
Cheap. Goes in and out of profitability. Nice little business. Small. Stock's illiquid. Nice runway to price target, but could be a lottery ticket.
(Analysts’ price target is $0.45)BYL has struggled year-to-date down ~55% as well as down 37% in the last three months. Revenues have declined this year along with weak margins, while continuing to operate at a net loss. The balance sheet is not particularly great either with cash of only $4.3M and a high net debt of $38M. Cash from operations has also gone negative in the recent two quarters. Fundamentally, BYL is very weak as it stands, and we would be comfortable moving on from it. Small caps are due for a rebound, but BYL has struggled with declining revenues and the high debt level does not entice us.
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He targets 50 cents. A small, illiquid company. Buy it around 40 cents. Shares don't move much.
Largest customer, Samsung, seeing a slowdown. Other divisions are booming, with a record backlog. Returned to profitability. 2024 will be a big year. Headed in the right direction. Wouldn't be surprised if they divested the mobile division. Stock's worth significantly more. Not for the faint of heart.
It makes radio frequency antennas and tags for smart phones, etc. It is well run and has an OK runway, but liquidity is low. It is worth holding and maybe adding.
(Analysts’ price target is $0.50)The question was on his preference for TVA Group or Baylin. TVA is trading at $2 but the Book Value is $9. Quebecor should take it over and make it private but the question is when this might happen if at all. Baylin provides infrastructure for cell phone services and the turn-around story is happening now. Three of the four divisions are doing well while one is not. It is a good time to buy Baylin.
Baylin Technologies is a Canadian stock, trading under the symbol BYL-T on the Toronto Stock Exchange (BYL-CT). It is usually referred to as TSX:BYL or BYL-T
In the last year, 10 stock analysts published opinions about BYL-T. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Baylin Technologies.
Baylin Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for Baylin Technologies.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Baylin Technologies In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Baylin Technologies (BYL-T) stock closed at a price of $0.265.
So dependent on Samsung mobile, and those sales slowed. Put that unit up for sale. Rest of segments are doing well, ups and downs, but long-term growth. Wouldn't be surprised if that attracted a strategic buyer for the company.