Q: I'm trying to figure out the long term rationale for hanging on to DBO. From what I can gather, they've been a public company since mid-2006 and their highest stock price occurred somewhere in spring of 2007 at 84 cents. In 10 years, they don't seem to have built a lot ... either in terms of moving forward with their plans, or building stock holders value.
One question I have: Is it because it's a slow industry to break into, and it takes time to get such technology established ... or have they (perhaps) not been using their time and money wisely? In other words, how is the management in all of this?
Your comment to another member states: "The company has essentially developed a product that can drive higher margins for their customers (theatres that charge more for motion seats), has proven the business case and has relationships with some of the larger theatre chains."
What is their competitive edge, then? Are they assailed by lots of competition, or are they just not moving forward because nobody is quite sure they want this technology -- other than China -- which in itself might be years in the making.
I'm trying to figure out whether I should hang on for the long term (you quote a 5 year window) at these rates, and add when I see dips in their stock, or if I should just bail out now.
If there's lots of competition in the space, with better management, perhaps the answer is obvious.
Since you don't have a report on the company yet, I was curious as to the "backroom workings" of this company's management, and its moat.
Thanks for your expert advice!
One question I have: Is it because it's a slow industry to break into, and it takes time to get such technology established ... or have they (perhaps) not been using their time and money wisely? In other words, how is the management in all of this?
Your comment to another member states: "The company has essentially developed a product that can drive higher margins for their customers (theatres that charge more for motion seats), has proven the business case and has relationships with some of the larger theatre chains."
What is their competitive edge, then? Are they assailed by lots of competition, or are they just not moving forward because nobody is quite sure they want this technology -- other than China -- which in itself might be years in the making.
I'm trying to figure out whether I should hang on for the long term (you quote a 5 year window) at these rates, and add when I see dips in their stock, or if I should just bail out now.
If there's lots of competition in the space, with better management, perhaps the answer is obvious.
Since you don't have a report on the company yet, I was curious as to the "backroom workings" of this company's management, and its moat.
Thanks for your expert advice!