Mar. 16 at 7:42 PM
$SKIL
We're buying
$SKIL at the current level (
$3.6)
The core business generates
$100M+ EBITDA on
$400M revenue. Recent hires and the recent launch of Precipio are setting up this business for growth.
The peripheral business (GK) is likely to be sold (source: last conference call)
$SKIL has authorisation for
$10M buybacks, which would buyback 30% of the company based on current very low market cap. of
$32M
Prosus are a sigificant investor in
$SKIL
We expect
$SKIL to re-rate back to
$10, triggered either by sale of GK, share buybacks, or offer from Prosus.
Good luck!
.
