Hatchetaxe

Hatchetaxe

Still zero institutional funds, but once they uplist this will get interesting. While its moved they turned down an offer years ago at $2.20 and that was when this company was hardware now software recurring model which a much better edge than its peers, even CXDO which doesnt have the tech is valued higher still.

Hatchetaxe

Insiders have been buying this ever since it touched $8.00 ..... They are moving from CN to US which will allow more index funds to invest in the name .... oh and great management to boot.

Hatchetaxe

After the run above 1.00 this has consolidated nicely and has much better technology than cxdo which trades at more than twice the value of Altigen. Another great quarter and legacy business should keep from holding back the valuation on this in 2020 as the true growth rate wakes up some late analysts. Managment team was smart to pass up the 2.00 offer back a...

Hatchetaxe

Should start to show some big revenue numbers after a restructuring that took 4-5 years. They did a dutch tender offer at $15.00 and guessing you'll see another one. The CEO's average cost in buying this to turn it around is like $27 as is Canell Capital's cost. By any value metric this only starts to get fair valued at $30.00. Probably will run into year...

Hatchetaxe

Over 2.00 in net cash and insider buying / their investment in GRAB alone might be worth the value of the stock.

Hatchetaxe

They owned 16% of the company over 2mm shares and recently filed that their all sold out. This was the last remaining overhang on the stock and as recently as 6 months agos insiders were buying at $2.35-2.39. This was the new CEO for Pier 1.

Hatchetaxe Updated 

Smart new management team came on board in 2018/19, yes its difficult to turnaround retail. However right team President came from Michael's stores and CEO came from Crate & Barrel. No debt, insiders buying and over the last 10 years they've shrinked the sharecount from 19mm to 14mm. They have 70mm available on their line and market cap is 20mm with company...

Hatchetaxe

Microsoft Teams is accelerating which is good news for ATGN and while others may talk about being part of teams, Altigen is the only one on their Azure platform with their specialized tools. Biggest news is that Fiserv renewed their agreement with Altigen 09/01/19. While Fiserv won't do a press release what is important is that this is the first time after a 10...

Hatchetaxe

Called Norman "revolutionary type of poppy" and then marketed as a pain reliever. They totally knew what they were doing and it looks like they were on top of it all as the vertical integrator and setting up companies so as to not have it directly associated with JNJ. At the end of the day we may find out they actually supplied everyone including Purdue. ...

Hatchetaxe Updated 

I think it will take much more time to get this company turned around and not a fan of the board changes. They already pre announced the quarter which is why the stock moved for the past month. Could be a potential short just not enough intel.

Hatchetaxe

ATGN just acquired Workspace Communications which we view as a great acquisition that’s accretive and has been derisked. Altigen is now working with RBBN Altigen is still the only profitable UC co in the space. While FIVN “talks” about integration w MSFT, in some recent press releases - do some homework and you’ll find out it’s really Altigen that’s ahead -...

Hatchetaxe

Hate the co but problem is everyone knows the negative news, even the sell side analysts sounded like their short...... one day perhaps

Hatchetaxe

Another new high on good volume. They also announced that they will be attending their first conference in over a decade I believe, good sign things are turning up for them. Read my initial report for more.

Hatchetaxe

Good guidance and growth, more importantly they substantiated that the conversion in UC is in its infancy which bodes well for ATGN which is tiny but can go much further and is the cheapest on an eps level compared to all the players. ATGN is also a play on Microsoft MSFT teams. Looks like its about to breakout past $1.00 finally.

Hatchetaxe Updated 

Profitable and in the UC space like EGHT

Hatchetaxe

This may get interesting down around $5.00, great technology and company and I believe will be acquired in the next 2-3 years as soon as the fanfare dies out. Unfortunately their putting the resources into pushing more product/revenue out into the market when they should be further leveraging their platform and its capabilities. Love the product but somewhat...

Hatchetaxe Updated 

Activist got 2 board members into the company six months ago. I believe still some work to be done and possibly a year end wash out. It may take some work and awhile to get this moving in the right direction. Getting out of the 2 divisions and concentrating on core area is the right think to do, (along with the CEO removal) but they did not address saving from...

Hatchetaxe

EGHT reported the other day - lackluster and some execution risk as they pushed things out for 6months. Looks like they tried to start a big partner program which didnt work well with their inside sales people. fyi - this never works well. Their trying to sell the enterprise product down market and just said sales didnt have the right tools. I think sales was...