A few days ago, the Globe & Mail (newspaper based in Canada) published an analysis of NeuLion using the provocative title above. It was comprehensive enough for me to obtain a small position at 0.72. It closed at 1.07 today on the Toronto Stock Exchange. I would be interested in different opinions on this sector and company.
Thanks.
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Here’s the link to the Globe and Mail article.
http://www.theglobeandmail.com/globe-investor/investment-ideas/strategy-lab/growth-investing/this-small-cap-could-be-the-next-netflix-for-live-sports/article17536726/
FYI: NeuLion HQ is a town over from where I live. Charles Wang, founder of Computer Associates, is Chairman of the Board and his wife is President of the company.
It’s a great local small/big company.
If you scroll down on this link, it gives you a good idea of their TV Sports presence.
http://www.neulion.com/ViewArticle.dbml?&DB_OEM_ID=30000&ATCLID=207116461
This looks good. Strong margins, ties to major sports outlets, growing revenue and just beginning to show positive earnings. Netflix doesn’t want to do sports. Only thing I don’t see is any deals with Internet properties like facebook or Yahoo.