this company is a cash producing machine, with a current FCF yield of 16.74%. Furthermore, the company has zero competitors in the Las Vegas market that it serves. Additionally, the company is undervalued on an absolute basis with a stable dividend yield of ~9%. Downside is protected due to the high FCF yield, high cash position and low long-term debt. Recent IR coverage may provide more visibility and upside. The company also has more than enough potential to continue raising its dividend.
Tix Corporation (OTCQX:TIXC) is a ticker broker based in Las Vegas, Nevada. Since inception, they have sold >13mm discount tickets, offering customers the biggest discounted tickets for every show in Vegas. The company has been serving Vegas customers since 2002, operating out of 11 ticket booths. Finally, TIXC has bought out all competition in Vegas. They are now the only game in town. TIXC is a cash-generating, undervalued microcap. With zero direct competition, the company has more than enough potential to continue producing cash at double-digit margins. Furthermore, the strong balance sheet protects investors from an unwanted/unprecedented downside.
Source: Seeking Alpha
Related Articles:.
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
- Three Keys For Successful Dividend Growth Investing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.