Ballantyne Strong: Strategic Shift Creates Interesting Upside Potential While Downside Remains Limited
- BTN's legacy Systems Integration segment is done declining.
- The potential high growth Managed Services Segment is going to make a big impact on the bottom line in the coming years.
- The entire business is for sale at just 0.3x enterprise value / revenue.
- There is a lot of protection on the downside as book value consists of a lot of cash - $1.25 per share - and no long term debt.