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KOOLANDTHEGANG
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Long term stock investor.
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  • Central Thesis for an Investment in Thermogenesis Corporation

    The market is completely snoozing on Thermogenesis Corp. (KOOL) -- but that's OK -- I continue to buy more.


    In my view, here are the primary investment considerations:

    (A) High Margins, Higher Margin Projections
    • illustrates pricing and market power and the extent to which KOOL products are integral to the cord blood/stem cell extraction process
    • suggests the company has already achieved "economies of scale" taking away much of the leverage a prospective acquirer might otherwise have

    (B) Cord Blood Becoming the "Go-To" Source for Adult Stem Cells and Adult Stem Cells Becoming More and More Indispensable
    • Not too long before every expecting mother will at least have the option to store its child's cord blood
    • Cord blood collection and stem cell extraction simply cannot exist without Kool's AXP and BioArchive

    (C) Has the Worldwide Distribution Network Befitting a Billion Dollar Company
    • How many sub-$50mm companies are selling their products on virtually every continent? Enough said.

    (D) Even Putting Aside AXP and BioArchive, Tremendous Growth Opportunities Abound
    • Res-Q
    • PRP
    • MXP
    • Adipose
    • Clinical Trials
    • Cardiac applications abound
    • New product extensions and new products that haven't even been announced

    (E) Last But Not Least: CLEAN BALANCE SHEET AND INSANELY CHEAP VALUATION
    • No debt
    • Verge of profitability
    • - < 2X price to book and price to sales

    It boggles my mind that this company is trading at a lower valuation than at any time in its 20 year history, and yet has the all the trappings of a future billion dollar company. I hope to be able to say one day that I was lucky enough to buy this stock before it becomes the CSCO or MSFT of the stem-cell industry.

    Disclosure: I am long KOOL.
    Tags: KOOL
    May 04 5:06 PM | Link | 4 Comments
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  • CENTRAL THESIS FOR AN INVESTMENT IN KOOL: CORD BLOOD AND ADULT STEM CELL INDUSTRY SIMPLY CANNOT CONTINUE TO EXIST WITHOUT KOOL'S PRODUCTS
    May 4, 2011
  • KOOL: Cord blood storage is fast becoming something offered as an option to all expecting mothers throughout the world
    May 4, 2011
  • KOOL: Every day, new usages for adult stem cells are being discovered or established; the potential uses are unknowable at this point
    May 4, 2011
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