Market's view on Pebble Beach
Published on April 2024
- PRIMA has won the TVBEurope Best at Show NAB 2024 award.
- Alison Pavitt has moved to Blue Lucy, potentially influenced by the new Chief Commercial Officer at her previous company.
- PRIMA showcased at NAB 2024, utilising NVIDIA’s Holoscan for enhanced scaling and security in media workflows. This collaboration aims to create a comprehensive ecosystem with common services like networking and storage.
- The potential reach and disruption of PRIMA are highlighted, with expectations of increased market reach and improved margins that are not yet fully reflected in financial forecasts.
- Op2mise collaboration is enhancing PRIMA’s FAST capabilities, implying potential growth.
- Linux-based cost focus of PRIMA could broaden its market reach.
- Hot Stock Rockets endorsed the company, predicting a positive shift in valuation focused on earnings.
- A new website has been launched to improve company presentation.
- Peter Mayhead, CEO, has reported positive initial customer responses to new offerings.
- Market liquidity issues discussed with some difficulty in executing large share purchases.
- Stock perceived as undervalued with expectations of a significant rerating due to PRIMA’s transformative potential.
- Future financial results anticipated to demonstrate PRIMA’s impact, with a high probability of it being transformational.
- Cavendish analytics targets an 80% Annual Recurring Revenue (ARR) growth, underlining the company’s undervaluation and potential for substantial price increases.