Bruce Campbell (2)Bewhere Holdings IncBEW.VHOLDMay 27, 2020
He finds it interesting, but got "stop-lossed" out of it. They have a unique low powered cellular device that can be used for tracking. This is another type of device that consumers could look to buy. It could be used to track trailers, or even jack hammers. They did an equity raise a while ago to supply inventory to some of their US business partnerships. This should lead to surge in revenues going forward.
Asset trackers. New iteration uses cell, not Wi-Fi. Helps cell phone companies boost revenue, as price of phone plans decreases. Before stepping in again, he's looking for a big ramp up in the trajectory of revenue and earnings.
They the internet to keep track of time and temperature, acceleration using various sensors. They are used by many telcos. They are developing new products that should provide good opportunities over the next 12 months. He does not own it presently.
They have asset tracking monitors. He has owned it in the past. It has taken longer than he expected for them to develop it. It has taken them a lot longer than expected to get to the sales cycle but now they are there. He is watching for adoption. That's when to enter back into the stock. This could be a good entry point.
Their devices allow communications on the internet of things to track where your things are. They're coming out with a very small device which is much cheaper to produce. For example, a tracking device on a pet. The cell phone companies are constantly looking for "sticky" applications like this. Outlook is pretty good.
They raised some money a year ago so they could build inventories. Cell providers in the US are starting to sell that inventory. 2020 is the year they should see the orders ramp and the inventory start to sell out. You should continue to see the numbers improve. He thinks someone will take them out after that.
They have the internet of things to track where things are. They have relationships with Verizon and AT&T in the US. They have extended the range from the base station as well as battery life. 19 times PE. He hopes for increased traction in 2020.
He used to own it. It's challenging. They have interesting technology--asset-tracking devices. The cellular type of device could hold explosive growth through monthly subscriptions. They took a while to roll out this tech. He's watching it and hopes for strong revenues on the release then recurring revenues.
The company creates devices to track devices real time, including geo-fencing. They do business in Canada and the US. It trades 16 PE. He sees great demand growth out the US yet to come.
we all have smartphones now, so where can they grow their revenue? By adding new devices, like adding them to trucks or eqipment to prevent losing those things. This is great potential, though it hasn't taken off yet.
It has been disappointing to own, but he still trusts management. Their electronic cellular based tracking systems are getting certified on the various cell networks. They get paid a month monitoring fee. They have a couple of big cellular partners and did a recent capital raise to allow for inventory build up as their demand is growing. This could be the year they see real traction.
They are setup to show where your items are located. A device is powered for long range use and can be solar powered. A recent financing at $0.19 was a good opportunity -- they needed working capital for a large work order backlog. Large carriers could be very interested in this internet based product. Patience will be rewarded and the stock will double.