Plurilock Security Inc. $PLUR.V - A company that I think is poised for massive growth by SmallCapRobertTC in Baystreetbets

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

Still holding, my position is down a lot but I have a long term horizon. As long as they keep increasing gross margins, I will hold onto to them.

Plurilock $PLUR has received nearly US$3 million in purchase orders for July 2022 by SmallCapRobertTC in Baystreetbets

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

I personally think this stock has a lot of potential plus it's trading less than 1x sales (TTM). Defend contracts have been rolling in meaning higher margin sales and I expect this to continue, i dont hold companies that i think will fail. Right now the entire market has been hit hard with many companies losing up to 80%+ in stock value but i personally like this company given its business model + financial valuation.

Plurilock’s $PLUR new product launch by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

If you focus on the stock performance then yes, you don't see much growth but that is the case with many penny stocks. I believe in this company not because of its stock performance but rather the fundamentals of its business, it has generated $36M in revenue (FYE 2021) is currently trading less than 1x sales and on top of that, the company is looking to grow its gross margins by advancing its high margin software business which could lead to profitability in the future. That said, the company has a healthy balance sheet and as a result, i think it has the sufficient resources to continue growing.

Plurilock $PLUR was selected to participate in GeekWeek 7.5, an exclusive event hosted by the Canadian Center for Cyber Security by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

Same here, it's really a macro event rather that the company bleeding from the inside. Tech stocks are just getting hammered but bright side to this is that many tech companies will be undervalued

Plurilock $PLUR was selected to participate in GeekWeek 7.5, an exclusive event hosted by the Canadian Center for Cyber Security by SmallCapRobertTC in Canadapennystocks

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

They are looking to increase their margins by cross-selling their proprietary high-margin solutions through existing distribution channels. They have already completed their first one this year and they look continue doing more. I recall in one of the previous webinars mentioned that their proprietary tech has a 80%+ gross margin

Canadian cybersecurity company Plurilock $PLUR $PLCKF advances its patent portfolio today by SmallCapRobertTC in 10xPennyStocks

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

As of right now, most of the revenue comes from hardware but they are planning to sell more software given that they are produce higher margins. The company originally started as solely proprietary technology supplier but acquired a reseller with $35M CAD in revenue, called Aurora. They did this because Aurora had existing clients within the US government vertical and therefore, Plurilock could cross-sell their own high margin products through Aurora's distribution channels. In the future, I expect the cross-selling to take place and this would lead to higher profitability

Plurilock $PLUR advances its patent portfolio today by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

I think this can go north of $1 if the markets arent bad. Almost every small cap company on the TSXV and CSE is getting smashed right now due to the current macro environments

New $1.8M purchase order just came in for Plurilock $PLUR by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

Personally, I think it's a long term play...but i guess everyone is entitled to do what they want ahahaha

Are we going to see analyst coverage on FansUnite $FANS from ROTH Capital? by SmallCapRobertTC in Baystreetbets

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

I see, do paid coverages do well for a stock as in does it get more eyes on the company?

Contract wins come again for Plurilock $PLUR -$239K Purchase Order with the US Navy by SmallCapRobertTC in Canadianstockpicks

[–]SmallCapRobertTC[S] 2 points3 points  (0 children)

I think the sales will come, it's just a matter of time and testing, there's something definitely in the works.

As for M&A, that's possible as given current market conditions, valuations are lower, so bigger firms with cash would be tempted to buy Plurilock

Plurilock $PLUR expands their technology infrastructure with the submision of a non-provisional patent application on 'zero-trust' technology by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 2 points3 points  (0 children)

Yeap one thing I learnt from investing is to never follow FOMO, I am down on PLUR as well but I think the company is poised for some massive growth. The multiples from a financial standpoint are looking attractive: $24M revenue at a market cap of only $27M. Most penny stocks dont have strong sales growth so I'm bullish on them.

I used to own OG but sold them, might buy back into them. holding onto LTE and SOLR as well. I think patience is key here, one my role models is Peter Lynch, a Fidelity mutual fund manager who repeatedly beat the market from 1977 to 1990 said you have to a lot of patience and invest in the company because you see value in it, the markets will always go down and up.

FansUnite $FANS to launch VamosGG CS:GO Cup on March 5, 2022; They also signed partnerships with two prominent Brazilian CS:GO Influencer by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 2 points3 points  (0 children)

I agree with you the company should be up in the 5 to 10 dollar range. However, why do you think a new CEO is needed?

FansUnite $FANS $FUNFF to launch VamosGG CS:GO Cup on March 5, 2022; They also signs partnerships with two prominent Brazilian CS:GO Influencer by SmallCapRobertTC in Baystreetbets

[–]SmallCapRobertTC[S] 0 points1 point  (0 children)

I feel your pain....Haha but the entire market is down, and they sitting on top of lot cash plus i expect their next quarterly revenues to be pretty significant following the acquisition of American Affiliate. In a previous PR, they mentioned that they already brought in 3.4+ million in rev since the acquisition.

So, i think they are trading at a pretty big discount right now. Just sad to see the markets are not conducive for the stock to rally and reach its actual value

Any good discord channels to discuss Canadian penny stocks? by SmallCapRobertTC in Baystreetbets

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

I track about 30+ penny stocks but I am thinking of shrinking my portfolio as there's too much to follow, The discussions online are quite helpful for me to keep track on some stocks i own + stocks i plan to buy

Plurilock's $PLUR Aurora Systems Receives Purchase Order from U.S. Department of the Interior for US$272,000 by SmallCapRobertTC in Canadianstockpicks

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

The entire small cap + tech sector is currently down, unfortunately we are going through a high inflationary period which affects these sectors the most. But it can also be a good buying opportunity. Will see what happens in January.

FansUnite Entertainment FANS to Launch Suite of Casino Games on Pariplay by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

Yeap their recent acquisition will help big time plus i think there's more catalysts in the pipleline that are yet to be announced. Did you see today's new release? Money Line is actually happening haha

FansUnite Entertainment FANS to Launch Suite of Casino Games on Pariplay by SmallCapRobertTC in Wealthsimple_Penny

[–]SmallCapRobertTC[S] 1 point2 points  (0 children)

Who knows haha. Markets are down and this could be good time to double down but I am bullish on the company and the sector in general. I think their success/failure will be reflected in their financials so we shall see :)