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Bearish Ideas
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"BOC: Holding co with bonds/billboards/broadband posting 27% revenue CAGR since 2018, targeting 25% IRR & 5-7% organic growth. Management owns 23%, buying shares. $100M SKYH investment creates volatility but upside. Core biz valued at $274M vs $412M market cap. Trading 10x adj EBITDA. PT $22.13 by 2027 (68% upside) on 3x P/S at current growth. Risks: Starlink competition for broadband, SKYH exit timing."
Sentiment