Sep. 10 at 8:05 PM
$RDCM Plan here is basically to get some new customers, buy a few other companies to complete offering and add scale for
$20-40MM, get revenue up to $ 100MM + and then sell for 4-5x sales. Which means in about 2 or so years this will be sold for
$450-500M at the minimum. Depending on net cash value and/or buybacks.
Current CEO has history of selling previous companies he worked for, so same will likely happen here too.
Not a big multibagger, but a fairly safe and boring double at only 1.7x sales here. Especially with 5G adoption now heating up.
