MIMECAST UPDATE ($MIME)
Added 2021-03-16 09:49:50 +0000 UTCHey Patreons, everyone is asking me why Mimecast $MIME is down from the 2020 highs. As I said multiple times, I see this as a chance to buy this stock for a more affordable price. My target price for this is the same, $57. Look at the numbers:
Over 40K clients - low client concentration, Revenue growth YoY 18.96%, EBITDA growth YoY of 99.66%! This is a scalable and high margin business, and as a long term value investor I really like the company.
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please. Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past. This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
Comments
Allegedly blah blah blah
Taylor Story
2021-03-16 13:35:38 +0000 UTCAgreed, it is not a short-term game. I am happy with slow but consistent gains on my long-term stock so I can hold for over a Year. I also leave extra to swing what rises too fast and buy back on next Sale. ;-)
Tom Deschenes
2021-03-16 11:57:38 +0000 UTC
