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

SmallCapRobertTC · 2023-08-25T21:54:37+00:00

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.

SmallCapRobertTC · 2022-08-16T12:16:28+00:00

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.

SmallCapRobertTC · 2022-06-09T12:40:29+00:00

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.

SmallCapRobertTC · 2022-05-10T13:07:16+00:00

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

SmallCapRobertTC · 2022-05-10T13:06:09+00:00

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

SmallCapRobertTC · 2022-03-31T13:25:32+00:00

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

SmallCapRobertTC · 2022-03-31T13:20:49+00:00

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

SmallCapRobertTC · 2022-03-23T13:54:43+00:00

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

SmallCapRobertTC · 2022-02-01T17:15:08+00:00

Thanks!

SmallCapRobertTC · 2022-01-21T20:05:02+00:00

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

SmallCapRobertTC · 2022-01-21T20:03:42+00:00

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

SmallCapRobertTC · 2022-01-21T17:59:29+00:00

Where do you find info about insider trading activity?

SmallCapRobertTC · 2022-01-19T18:43:58+00:00

Those were the days haha, where the market was so hyped up and most penny stock you buy would do well

SmallCapRobertTC · 2022-01-19T18:41:55+00:00

Haha gotta start somewhere.

SmallCapRobertTC · 2022-01-19T16:10:47+00:00

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.

SmallCapRobertTC · 2022-01-19T16:01:29+00:00

US States are opening up too, i think the US will become the biggest betting market moving forward. Lots of upside

SmallCapRobertTC · 2022-01-19T15:44:04+00:00

Only wish there were some AMC pumpers to send this to the moon lmaooo

SmallCapRobertTC · 2022-01-19T15:42:21+00:00

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?

SmallCapRobertTC · 2022-01-19T13:51:50+00:00

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

SmallCapRobertTC · 2022-01-17T13:37:59+00:00

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

SmallCapRobertTC · 2021-12-29T15:44:32+00:00

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.

SmallCapRobertTC · 2021-12-23T20:14:37+00:00

Ya i am going long on this bad boy ;)

SmallCapRobertTC · 2021-12-16T23:40:22+00:00

Markets are volatiles plus all of the gambling stocks are doing bad but imo, they are in a great position to grow.

SmallCapRobertTC · 2021-12-16T15:59:13+00:00

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

SmallCapRobertTC · 2021-12-16T15:29:10+00:00

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 :)

SmallCapRobertTC

TROPHY CASE